The last ex-president to do that USA, Donald Trump, He is going through one of the most complicated problems after being left with millions in debt that could affect his political career at the start of the new presidential elections and his personal life. The debt Trump faces exceeds $354,868,768. as published by the AFP news agency.
Arthur Engordon was the judge tasked with clarifying the details of the Trump Organization's finances, family business of the former President of the United States. The judge confirmed that he must pay in full 354 million dollars to the status of new York for civil fraud. Added to this is the sum of $83 million that must be paid to the writer E. Jean Carroll for defaming her in January. The total amount in both lost cases is 430 million.
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Donald Trump: What are the reasons for the outstanding debts and their amounts?
The former president of the United States has a very worrying amount of money at his disposal that jeopardizes his candidacy for the next presidential elections in the North American country. What is the reason for the accumulation of dollars as a rate? Trump was sued by Attorney General Letitia James, who sought $370 million. Added to this were the 80 million that another court sentenced Donald Trump for defaming the writer E. Jean Carroll.
What will happen to Donald Trump's next presidential campaign?
Citizens are wondering what will happen Donald Trump, as the country has high outstanding debts and they are wondering how it will finance its presidential process in the next elections. Because of the actions committed, it will be a fundamental task for the former governor to deal with his pending matters and find a way to manage his campaign.
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What is Donald Trump's new sneaker brand?
Former President of the United States Donald Trump announced the launch of a sports shoe brand called Never Give Up at a time when he is in a difficult financial situation due to the millions of dollars in fines imposed on him by the courts. The shoes, which cost $399, are made of gold and feature details of the American flag and the letter “T” of his last name. The announcement was made at a sneaker conference in Philadelphia.
As for fines, a New York court fined him $355 million for fraudulent activities by his company, the Trump Organization. In addition, after a trial, another New York court ordered him to pay $83.3 million in damages to the writer E. Jean Carroll for her defamatory statements. The former US president must try to get out of this situation as quickly as possible in order to begin his electoral process.
Photo | Pixabay | Donald Trump will try to invest money in a new model of sneakers, a collection made by him.