Trump in line for potential windfall with Truth Social merger: Live – The Independent

A chronicle of Donald Trump's Crimes or Allegations

Trump in line for potential windfall with Truth Social merger: Live – The Independent

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Mr Trump must come up with $464m bond by Monday
Find your bookmarks in your Independent Premium section, under my profile
Days before a deadline to block enforcement of a $464m judgment against him, Donald Trump claims he has nearly $500m “in cash” despite his own attorneys telling a New York appeals court that he can’t come up with the money.
Mr Trump has repeatedly claimed that he is worth several billions of dollars, with much of that value tied up in the Trump Organization and his brand-building real estate holdings.
Before a Monday deadline to post a mammoth appeals bond to prevent the state from enforcing a nearly half a billion dollar judgment, the former president declared in an all-caps post on his Truth Social that he obtained “almost” $500m “through hard work, talent and luck.”
That “substantial amount” was intended for his presidential campaign, he said on Friday.
New York Attorney General Letitia James is preparing to seize Mr Trump’s assets if he is unable to come up with the $464m bond in his Manhattan fraud trial by this Monday’s deadline.
Meanwhile, Donald Trump’s Truth Social platform, launched in the volatile aftermath of the January 6 attack, is headed for Wall Street as shareholders of his social media platform have voted to take the company public.
Kelly Rissman reports:
Lev Parnas has offered a scathing prediction for what’s looming in the near future for former president Donald Trump and former New York City mayor Rudy Giuliani.
“Prison and jumpsuits,” he said. “They will be cellmates for the rest of their lives.”
The Ukrainian-American businessman and former close associate of Mr Giuliani spoke to The Independent after giving fiery testimony this week at a House Republican impeachment hearing into President Joe Biden.
During the House Oversight Committee’s 20 March hearing, Mr Parnas did not mince his words.
He testified that he had found “precisely zero proof of the Bidens’ criminality”.
But, instead, he claimed that Mr Trump, Mr Giuliani and their associates “lied to” the American people when they pushed falsehoods “knowing it would undermine the strength of our nation”.
Read on…
‘The world saw a kangaroo court,’ the former associate of Rudy Giuliani told The Independent about the Biden impeachment hearing
No, really. Vice president to the man who called him “Little Marco”…
Donald Trump is having a moment on Truth Social as the Monday deadline looms for his $464m civil fraud payment.
He’s not happy.
Also, that’s not how you spell Letitia.
Alex Woodward reports:
Days before a deadline to block enforcement of a $454m judgment against him, Donald Trump claims he has nearly $500m “in cash” despite his own attorneys telling a New York appeals court that he can’t come up with the money.
Mr Trump has repeatedly claimed that he is worth several billions of dollars, with much of that value tied up in the Trump Organization and his brand-building real estate holdings.
Before a Monday deadline to post a mammoth appeals bond to prevent the state from enforcing a nearly half a billion dollar judgment, the former president declared in an all-caps post on his Truth Social that he obtained “almost” $500m “through hard work, talent and luck.”
That “substantial amount” was intended for his presidential campaign, he said on Friday.
Continue reading…
The clock is ticking for the former president to post an appeals bond to stop a $454m fraud judgment against him
Everyone’s looking at Trump Tower, 40 Wall St and the golf courses, but late-night star Jimmy Kimmel has another idea, as Martha McHardy reports:
The former president is currently scrambling to pay a $464m bond resulting from a judgement against him in his civil fraud trial in New York
Join thought-provoking conversations, follow other Independent readers and see their replies
REUTERS
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Log in
New to The Independent?
Or if you would prefer:
Want an ad-free experience?

source