‘He Doesn’t Have 400 Million Cash’: Trump’s Ex-Lawyer Claims He Will Have to Liquidate Assets After Fraud Verdict
Trump's ex-lawyer Michael Cohen claimed during a recent interview that he will have to start liquidating his assets following Trump's fraud trial.
www.mediaite.com
‘He Doesn’t Have 400 Million Cash’: Trump’s Ex-Lawyer Claims He Will Have to Liquidate Assets After Fraud Verdict
Phillip NietoFeb 17th, 2024, 5:09 pm
Former President Donald Trump’s ex-lawyer Michael Cohen claimed during a recent interview that the Republican frontrunner will have to start liquidating his assets following his fraud trial.
Earlier this week, Judge Arthur Engoron ordered Trump to pay $354 million in damages after ruling the Trump Organization committed widespread fraud. Moreover, additional fines were also levied against Trump’s sons Donald Trump Jr. and Eric Trump.
Cohen joined MSNBC host Ali Velshi on Saturday predicting that Trump will have to start liquidating his assets in order to pay the fine from his fraud trial and the defamation trial, where he owes E. Jean Carroll $83.3 million.
VELSHI: What changes Donald Trump’s behavior? Does $500 million change Donald Trump’s behavior? Because, according to Truth Social, nothing changes his behavior. He just keeps on posting the same stuff about how it’s all corrupt.
COHEN: What else is he supposed to do at this point? There is a now a judgment against him for over $500 million, not including the $88.6 million he’s going to owe to E. Jean Carroll. It’s an enormous amount of money that he does not have. I don’t care what anybody wants to write in any newspaper, regardless of what their credentials may be, unless he’s going to show you that his bank account has more than a half a million, he doesn’t have 400 million of cash on hand. Maybe what he’s doing is he’s including RNC money, or he’s including the PAC money, or he’s including the various different condominium money that’s sitting in Cat X accounts, that they do not belong to him. Right? Those don’t belong to him either. He has a very interesting way of looking at money, and the way he looks at is if his name is somehow attached to that, it’s available. It’s available to him. It is not right and he doesn’t have it. They’re going to have to start liquidating assets.
Watch the clip above via MSNBC.