New York Judge Engoron fined Trump $355 million on Friday after the former president was found liable of business fraud.
An online fundraiser for former President Donald Trump has racked up $84,354 out of a $355 million target in just 24 hours following the final judgement in his civil fraud trial in New York.
On Friday, Trump was fined roughly $355 million by New York Judge Arthur Engoron following a monthslong trial. The trial was to determine how much Trump and his associates would pay after New York Attorney General Letitia James filed a lawsuit in September 2022 accusing the former president, his two adult sons, Donald Jr. and Eric, The Trump Organization and two firm executives, Allen Weisselberg and Jeff McConney of fraudulently overvaluing assets to secure more favorable bank loans and taxation deals.
The former president was also barred from doing business in New York for three years. Other defendants in the case also faced financial penalties and were banned from doing business in New York for periods of time. Meanwhile, Trump, who is the GOP frontrunner in the 2024 presidential election, has denied any wrongdoing and claims the case was politically motivated.
Any Trump supporters out there, I want you to think about something.
One of the reasons you originally supported Trump is that he was supposedly rich enough to fund his own campaign. Then you sent him - supposedly a man worth $10 billion at one point - piles of money. He begged you for it over and over. He needed your help to fight the system, to "stop the steal," to "make America great again," and you gladly opened your wallets without ever wondering why a billionaire needed your money and couldn't fund his campaigns on his own.
That billionaire now has a GoFundMe. Roll that around in your head. He has a GoFundMe because he can't (or won't) spend his own earned income as a billionaire real-estate tycoon to settle judgments against him that - by his own claims - amount to roughly 1/20th his net worth.
Why? Try to explain why in a way that doesn't make you sound like the world's biggest sucker and the victim of a con artist.
Beyond that, the entire GoFundMe is against the terms and services of the EULA on GoFundMe. You aren't allowed to raise money for "alleged or actual crimes," since this is a legal judgement, it's not just an alleged crime. It fits the definition of an actual crime.
The golden Trump shoes are actually legal money laundering.
Compound interest is complicated but I figure at least 30 years if $84k per day holds up. Of course Don only has a few years left so why would the donations keep coming?
Judgements in NY State have an interest rate of 9%. And he has to pay it within 30 days. This isn't going to raise that much and it'll be stolen anyway.
The GoFundMe is run by a random follower of his. Remember that guy who was raising money to pay for the wall and then just took the money and disappeared?
Fraud? You wish you thought of fraud the first time? You do realize that no one who engaged in fraud, et al, for that cheeto stain has gotten any help in avoiding criminal charges, right? It's probably for the best that you didn't think of fraud first.
It was Steve Bannon and Brian Kolfage. Bannon was pardoned but Kolfage is sitting in FMC Rochester until 2027.
But this GoFundMe is by the wife of "financial influencer" Grant Cardone, who has been sued by investors for fraud multiple times. Also a Scientologist, so that tracks.
His worth depends on his mood, so I guess it's the court that's to blame, for ruining his mood, so he can't afford the fine.
I seriously doubt he can afford the fines, which combined and with interest are upwards of $400 million. Then again Kushner got about a billion from the Arabs, doing favors while Trump was president. So maybe Trump got more?
I wonder if it actually is harder for them to funnel payments to things like the Trump campaign due to the war (and sanctions). I'm sure Putin and friends are not strapped for cash if a Trump victory is on the menu. Maybe they don't think the fraud fine is a detriment to Trump's chances?
If you count the $4 million that each of his sons owe and the interest already accrued they actually owe $464 million. It was a very bad day for the Trump crime family.
If hypothetically, i created a gofundme that said something along the lines of 'help support me support trump' and it had a bunch of weasel words that sounded supportive of him but just boiled down to me using the money to pay my bills while thinking about supportive scaffolding, would that be illegal?
Plenty of dudes have already beaten you to the punch. They blast people with texts that all go to fake donor sites like winred.com that then beg you to make $3,300 donations.
Reminds me of when the PS3 first went on sale and people sold pictures of a PS3 on eBay. The title said it was a picture, the content said it was a picture, but people were impatient, didn't read and bought the auctions. I thought that was a bit manipulative then, but I would not feel bad if people did this to Trump supporters. IANAL but I don't think it's illegal as long as you don't say you'll do something and then not do it.
Perhaps the MAGA base is finally running out of money for their champion to piss away. Though if they had any more, I'm sure Trump would be willing to spend to his very last supporter.
Assuming every day the same donations pour in, it'll take about 4,227 days:
355,000,000/84,000 = 4,226.19047619
That many days divided by 365 means about 11.5 years to reach that goal.
4,226.19047619/365 = 11.5786040444
77 + 11 =88, so he'll probably be 89 before he's out of debt, assuming no other financial penalties from lawsuits happen. Or he could declare bankruptcy...
Let him do that! It would both ruin is self-imposed image of a "business genius", and would lead to a surprised pikatchu face when he notices that his fines will not go away just because of the bankruptcy!
So if you divide it out, that’s 0.0023% of the fine.
Today’s goal is $600,000,000, we just need to sell enough magazine subscriptions and all of our food stamps. This is totally achievable! Now let’s get out there and support the TRUE 51TH PRESIDENT!
There’s no fee to start or manage your fundraiser. However, to help us operate safely and securely, one small transaction fee (2.9% + $0.30, which includes debit and credit charges) per donation is deducted.
Very fair, same as PayPal and perhaps Stripe. But they’ll need a few extra million.
Oh but if they don't fund him, they aren't his followers. Just like every politician that he endorses who loses he never cared for and knows they never liked him.
An online fundraiser for former President Donald Trump has racked up $84,354 out of a $355 million target in just 24 hours following the final judgement in his civil fraud trial in New York.
On Friday, Trump was fined roughly $355 million by New York Judge Arthur Engoron following a monthslong trial.
The trial was to determine how much Trump and his associates would pay after New York Attorney General Letitia James filed a lawsuit in September 2022 accusing the former president, his two adult sons, Donald Jr. and Eric, The Trump Organization and two firm executives, Allen Weisselberg and Jeff McConney of fraudulently overvaluing assets to secure more favorable bank loans and taxation deals.
Cardone called herself "an ardent supporter of American values and an advocate for justice" who stands "unwaveringly with President Donald Trump" on the fundraising page.
"Let's stand with Trump to ensure that justice prevails and that we continue to fight for a country that respects freedom, honors courage, and rewards the unwavering spirit of its people."
His lawyer Christopher Kise told Newsweek that Trump plans to appeal the judge's ruling in James' "unjust political crusade against the front-running candidate for President of the United States."
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