Donald Trump Throws a Social Media Tantrum as $464 Million Bond Deadline in Fraud Case Nears

By Jace Dela Cruz

Mar 25, 2024 12:28 AM EDT

With just a day left before the deadline to pay his $464 million bond, former President Donald Trump finds himself under pressure.

WEST PALM BEACH, FLORIDA - MARCH 24: Republican presidential candidate and former President Donald Trump speaks during an awards ceremony held at the Trump International Golf Club on March 24, 2024, in West Palm Beach, Florida.
(Photo : Joe Raedle/Getty Images)

Donald Trump Claims He Has $500 Million in Cash

Despite assertions from his legal team that he's unable to gather the required funds, Donald Trump insists he has nearly $500 million in cash, contradicting his attorneys' statements in a New York court, according to the Independent.

Trump has repeatedly touted his wealth, claiming he is worth several billions of dollars. Much of that value stems from assets tied to the Trump Organization and his real estate holdings. 

However, as the deadline looms, he took to his Truth Social platform to assert that he has amassed nearly $500 million through what he described as a combination of "hard work, talent, and luck." He noted that this "substantial amount" was intended for his presidential campaign.

READ NEXT: Donald Trump Vows to Fight Civil Fraud Case up to US Supreme Court, Says He Has $500M in Cash Ahead of Bond Deadline

Seizure of Assets of Donald Trump Looms

The urgency to meet the bond deadline comes as New York Attorney General Letitia James stands ready to seize Trump's assets if he fails to produce the required sum for his civil fraud judgment.

The legal pressure adds to Donald Trump's financial woes, as he faces mounting challenges in meeting the bond requirement. Trump, who is appealing and requesting a stay on his civil fraud judgment, must post the bond by Monday.

READ MORE: Chubb Declines to Provide Donald Trump With $464 Million Appeal Bond in Civil Fraud Case After Backing E. Jean Carroll Bond 

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics