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Letitia James

Trump Claims He Has Cash to Cover New York Fraud Bond

Donald Trump has been telling the New York courts that he doesn’t have the liquidity to pay a $464 million appeal bond required to challenge a massive civil fraud penalty leveled against him by the state last month. On Friday, the former president appeared to show his hand, claiming on social media that he actually does have the cash, and that he was planning on using it his presidential campaign.  “THROUGH HARD WORK, TALENT, AND LUCK, I CURRENTLY HAVE ALMOST FIVE HUNDRED MILLION DOLLARS IN CASH, A SUBSTANTIAL…

What Happens If Trump Can’t Pay His Bond?

Throughout his career, Donald Trump has made his vast wealth a central component of his public image. He could use a little more of it this week. The former president is currently struggling to pay off a mountain of legal expenses tied to the seemingly endless parade of court cases he’s contending with as he vies to reclaim the White House. Trump is scrambling to gather the $464 million he needs to launch an appeal against a New York civil court ruling that found him liable for years of financial fraud against…

How Truth Social Could Bail Trump Out of His Legal Bills

The parent company of Donald Trump’s social media company, Truth Social, could soon become a multi-billion dollar public company, depending on a vote scheduled for Friday. Trump could stand to gain over $3 billion if the proposed merger goes through, which could be his ticket out of some hefty legal bills.The shareholders of Digital World Acquisition (DWAC), a special-purpose acquisition company formed to facilitate a private company going public, will vote on Friday on whether to approve the merger with Trump Media and…

Trump Fundraising Off Failing to Secure Fraud Bond

Once upon a time, long before he set his sights on the White House, Donald Trump leveraged his massive real estate empire into a braggadocious reality TV show called The Apprentice. The show’s bombastic theme song sang “money, money, money, money,” at viewers over shots of Trump’s New York properties, private planes, and helicopters. Now, two decades after the show first premiered, the former president is begging his followers to fork over cash in order to preserve the assets on which he built his throne.  “KEEP…

Trump Rages on Truth Social After Failing to Secure Appeal Bond

If there’s one thing Donald Trump hates more than losing an election, it’s people thinking he isn’t as rich as he claims he is. On Monday, lawyers for the former president indicated he had been unable to secure the $464 million bond needed to appeal a massive New York civil fraud ruling against him and his company. The filing revealed that 30 underwriters declined to back the bond, which was worth 130 percent of the $355 million civil fraud judgment leveled against him and the Trump Organization in February.…

New York’s Attorney General Wants To Hear From You About the AT&T Outage

File photo of Attorney General Letitia James on February 16, 2024.Image: Michael M. Santiago (Getty Images)New York’s attorney general, Letitia James, announced Thursday that she’s opened an investigation into the recent AT&T outage that left customers across the country without service. And if you live in the state of New York, James would like to hear from you.How to Prep for a Power Outage“Americans rely on cell service providers for consistent and reliable service to help them with nearly every aspect of their

Trump May Have to Sell Property to Cover NY Fine, Lawyers Say

The former president can’t pay his $454 million civil penalty, so he offered a meager $100 million bond instead In response to the $454 million penalty levied against Donald Trump in his New York civil fraud case, the former president offered to pay a $100 million bond — less than a quarter of what he owes.  In a court filing Wednesday, attorneys for Trump called the $454 million an “unprecedented and unconstitutional sum” coupled with the “draconian injunctive relief” for the payment. His

Winklevoss Twins Donate $4.9 Million to Crypto Group Trying to Influence 2024 Election

Tyler and Cameron Winklevoss have donated $4.9 million to the political action committee Fairshake, according to new filings with the U.S. Federal Election Committee. It’s just the latest windfall for Fairshake, which is spending millions to run attack ads against Katie Porter, a Democrat who’s running for Dianne Feinstein’s old U.S. Senate seat in California.What Drew Noomi Rapace to Constellation?The new donation from the Winklevoss twins, first reported by Crypto Telegraph Wednesday, comes after huge players in the…

Trump Ordered to Pay $355 Million In New York Fraud Case

Donald Trump has been ordered to pay $355 million in damages and barred the former president “from serving as an officer or director of any New York corporation or other legal entity in New York for a period of three years.” Judge Arthur Engoron handed the ruling down on Friday in the wake of Trump and the Trump Organization being found liable for financial fraud. Trump is expected to appeal the rulings. The scathing decision concludes a contentious, high-profile lawsuit that New York Attorney General Letitia…

Don’t Cross the Uber, Lyft Picket Line on Valentine’s Day

Thousands of Uber, Lyft, and DoorDash drivers and delivery workers will go on strike across the United States on Wednesday, Feb. 14. The drivers seek fair wages, safety protections, and more job security from ridesharing and delivery apps.Former NASA Astronaut Leland Melvin on the “Overview Effect”“Uber, Lyft, and delivery drivers are TIRED of being mistreated by the app companies,” said Justice for App Workers, a national coalition with over 130,000 members, in a blog post. “Across the country, in Austin, Chicago,…