Donald Trump says he has half a million in cash, but he doesn’t want to use it to pay sentence

Donald Trump says he has half a million in cash, but he doesn’t want to use it to pay sentence

NY- donald trump He claimed Friday to have nearly $500 million in cash, but said he would rather spend the money on his presidential campaign than on the $454 million judgment in the civil fraud trial against him in NY.

The former president has been trying to get the court to exempt him from the requirement to present financial guarantees proving he is solvent while he appeals the stunning verdict. He has not provided any documentation to substantiate his cash claim, and Trump’s lawyers have suggested that it is not feasible to tie up so much cash in a bond while keeping his businesses running and meeting other obligations.

In February, a judge found that Trump had repeatedly lied about his wealth in financial statements submitted to banks and other entities to obtain loans and do business. The judge ordered him to give up profits from certain real estate deals and money he saved by getting lower interest rates on loans. Trump denies trying to deceive anyone.

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