Trump Claims $500 Million Cash, Facing $454 Million Judgment in Fraud Case, New York Attorney General Threatens Asset Seizure, US

Former President Donald Trump claimed he had nearly $500 million in cash, although he said he couldn’t cover a $454 million judgment in a civil fraud case in New York. Through my hard work, talent, and luck, I currently have nearly five hundred million dollars in cash, a substantial sum that I intended to use in my campaign for president, Trump wrote Friday morning in a post on Truth Social. He then claimed that the judge in the New York civil fraud case knew how much money he had and ruled accordingly because he wanted to take it away. Last month, Judge Arthur Engoron ruled that Trump, his sons Eric and Donald Trump Jr., as well as Trump Organization employees, were subject to a fine of nearly half a billion dollars in cash for conspired to inflate the value of their assets. Trump was found to have gained more than $350 million from the fraud, which, combined with interest, resulted in a total owed of $454 million, as determined by the judge. Trump’s assertion about how much money he has stands in contrast to what his lawyers say. His lawyers said in a document filed March 18 that it would be virtually impossible for him to post the full bail and that he had encountered insurmountable difficulties in trying to obtain bail, although he contacted around thirty insurers. New York Attorney General Letitia James, who filed the charges against him, said she was prepared to seize Trump’s assets if he did not repay bail, due Monday. Trump has denied any wrongdoing and asked an appeals court to stay the ruling or reduce the bail requirement. The court has not yet issued a final decision. On Friday, Trump told Fox News Digital: I will fight all the way to the Supreme Court of the United States if necessary. He reiterated that he owns nearly $500 million in cash and property, but added, That doesn’t mean I’m going to give money to a rogue, incompetent judge.