/ 20 March 2024

No Trump Card

Image source: Flickr
Image source: Flickr

Lawyers for former US President Donald Trump say his company – the Trump Organisation – has been unable to find the $700 million it’s required to stump up after losing a New York civil fraud case. Last month, Trump, his 2 eldest sons and other execs were found guilty of fraud after lying about the value of the company’s property portfolio. They’ve been ordered to pay up in cash or post a bond to continue their appeal, but so far they have been rejected by 30 insurance companies. The 77yo says it’s “practically impossible” to proceed and could result in some of his real estate assets being seized and liquidated to cover it… And, as the first of his former advisors is jailed over the Capitol Riot, Trump has failed to block the testimonies of his former lawyer Michael Cohen and adult film star Stormy Daniels at his upcoming hush money trial

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