What We Know About Donald Trump’s Cash Troubles

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Last month, the GOP front-runner reported a net loss of roughly $2.6 million, and the legal bills and fines keep coming.

The PAC ended January with $1 million in the black, but not because of a new spurt of donations. Instead, to keep afloat his legal slush fund, Trump arranged for a multimillion-dollar infusion from a separate pro-Trump PAC, in $5 million increments, according to The Daily Beast. The outlet noted that nearly 75% of Save America’s January spending went to legal fees and paying the lawyers defending Trump in his sprawling cases, which include four criminal indictments and several civil suits.

On Tuesday, New York attorney general Letitia James warned that Trump could lose some of his prime assets. “If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets,” James told ABC News, adding that she looks at Trump’s 40 Wall Street building “each and every day.

 

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