DWAC - Trump's Niece Says Her 'Authoritarian Wannabe' Uncle Could Tap Into Sources That Endanger National Security As He Weighs Option To Pay Off $464M NY Fraud Case Fine | Benzinga
Even as Donald Trump’s poll prospects are on the rise, the former president is under a lot of stress due to multiple headwinds, said his niece Mary Trump on Monday.
Squeezed By Fine: Donald Trump is liable to pay $464 million following the New York civil fraud case verdict, with the penalty swelling to $114,000 a day, Mary Trump said in a substack post. The former president has two options before him, either pay the entire judgment to the New York State himself or get a bond, she said.
The GOP presidential candidate may have to pledge some form of collateral, Mary Trump said. “Also, it will cost him both upfront — NY courts require as much as 120% of the judgment if it's paid with a bond — and on the backend, as bond companies charge between one and three percent interest,” she noted
Either way, Donald Trump will be under stress, his niece said, noting that he “almost certainly doesn’t have enough cash to hand over the judgment plus interest.”
Mary Trump explored the other avenues the former president could tap if he isn’t able to raise a loan from a legitimate source or post a bond. Some of the options ...