'Poor baby': Donald Trump mocked as he says he might have to sell assets for $464M bond in civil fraud
WASHINGTON, DC: Former president Donald Trump is still venting out his frustrations about the $464 million ruling in his civil fraud case in New York, saying that Judge Arthur Engoron is attempting to violate his rights and that he might have to sell his properties for "fire sale prices", ABC News reported.
The former president wrote on his social media platform Truth Social on Tuesday, March 19, "Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision. In other words, he is trying to take my Appellate Rights away from me."
Donald Trump claims he might have to sell assets for $464M bond
Donald Trump continued, "I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense?"
In a fresh submission to the appellate court on Monday, March 18, Trump's attorneys claimed that the former president is having "insurmountable difficulties" getting a bond to meet the decision.
Trump's attorneys requested a stay of the enforcement in February and pledged to provide a $100 million bond in exchange. A New York appellate ruling refused Trump's emergency motion for a stay last month, however, a group of judges is now reviewing his request for a postponement.
Notably, the motion was rejected by New York Attorney General Letitia James, who said that Trump and his co-defendants "will attempt to evade enforcement of the judgment or to make enforcement more difficult".
Although Trump Organization chief counsel Alan Garten stated on Monday that the president is "financially stable" and has "substantial assets", the size of the judgment would force him to pledge his real estate as security for the bond.
Moreover, the document claims that over thirty businesses have turned down Trump's request for assistance with his bond, which the former president is trying to get with a mix of real estate and money.
Internet mocks Donald Trump for saying he might have to sell his assets
Several internet users mocked the former president as he said that he could have to sell his properties for "fire sale prices".
A social media user wrote on X, "Poor baby. We're going to need a bigger binkie," while one added, "That's alot of money."
Another user tweeted, ""Fire Sale" isnt that for people that dont have money, I thought he was super rich."
"Fire Sale" isnt that for people that dont have money, I thought he was super rich?!?
— Gracie Lou Freebush (@isoAmber) March 19, 2024
One person wrote, "Not a multi billionaire," while another added, "I am playing my tiny little violin for him...NOT."
One individual tweeted, "Im betting there will be clauses that will allow him to buy them back somehow."
I am playing my tiny little violin for him...NOT.
— therealgloria@mastodon.world (@therealgloria) March 19, 2024
Im betting there will be clauses that will allow him to buy them back somehow
— Tyler Shaw (@TyTy_again) March 19, 2024
This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.