Democracy Dies in Darkness

Trump said he had $400M in cash. Now his lawyers say bond is a struggle.

Analysis by
Staff writer
February 28, 2024 at 7:37 p.m. EST
Former president Donald Trump, with lawyers Christopher Kise, left, and Alina Habba, attends the closing arguments in the Trump Organization civil fraud trial last month. (Shannon Stapleton/Reuters/Pool/AP)
4 min

Two weeks ago, a New York judge ordered Donald Trump to pay a huge penalty of $355 million plus interest — a grand total of more than $450 million — after finding him liable for fraudulently inflating his wealth.

But now that it’s time to produce such an amount, Trump’s legal team is undercutting both his and their own claims about his ability to do so.