Former President Donald Trump said he has almost $500 million in cash after Trump’s lawyers said he did not have enough funds to pay a $464 million bond. The bond was part of Judge Arthur Engoron’s ruling for the civil fraud case brought against Trump by New York Attorney General Letitia James.

Thirty bond organizations previously rejected Trump and his team after Engoron gave him 30 days to pay from the official order.

Trump’s assets risked being seized if he does not come up the $464 million by Monday.

In February, James said she was ready to seize his assets if he does not pay on time and stated her office’s determination to collect the fine from Trump.

In a post to Truth Social, Trump wrote in all caps, “Through hard work, talent, and luck, I currently have almost five hundred million dollars in cash, a substantial amount of which I intended to use in my campaign for president.”

“The often overturned political hack judge on the rigged and corrupt A.G. case, where I have done nothing wrong, knew this, wanted to take it away from me, and that’s where and why he came up with the shocking number which, coupled with his crazy interest demand, is approximately $454,000,000.”

Trump claimed his innocence, which he has done so numerous times in the past. The former president also mentioned his 2016 election win and his campaigns in 2020 and now this year, 2024. Trump has compared his civil fraud case to communism, claiming that Engoron was simply trying to take his money. Trump has plans to appeal his case to the Supreme Court.

This week, Trump’s team also sent a fundraising email for the former president highlighting the case. In the memo, Trump mentioned James’ plans to seize his properties, including the “iconic Trump Tower.”

On March 8, Trump secured $91 million bond for the judgment against him in the E. Jean Carroll defamation case.

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Ann Hoang

Article by Ann Hoang

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