Welcome to Fan Reviews News. E. Jean Carroll has dropped a rather intriguing ultimatum on Donald Trump. The former president owes her a whopping $83.3 million after she defeated him in two separate civil trials.
In a bold move, Carroll took to her social media platform to publicly give Trump a one-week deadline to pay up. She even linked to a Fortune article summarizing his courtroom loss to her, as well as his other financial setbacks. It seems that Mr. Trump is facing quite the nightmare scenario. Reports from CNN suggest that he may have to sell off assets to come up with the money before the courts order them seized.
Carroll’s attorneys aren’t taking this situation lightly. They argued in a court filing that Trump is basically asking the court to trust he’s rich enough to pay without having to post a bond guaranteeing the payment. However, they have serious concerns about his cash position and the feasibility of him satisfying his debt. It’s a sticky situation for him, to say the least!
Now, you might be wondering just how much cash Trump has on hand. Well, Forbes estimated his net worth at $2.6 billion as of September, including $400 million in cash and liquid assets. While this might seem like a substantial amount, it’s not enough to cover Carroll’s judgment, let alone the total fines he faces when combined with a judgment in another fraud case against him. It’s quite the financial challenge.
With E. Jean Carroll dropping a bombshell on Donald Trump, demanding that he pay up within a week, the former president finds himself in quite the cash crunch, with millions of dollars owed and the need to quickly come up with almost half a billion dollars. It’ll definitely be interesting to see how this financial battle plays out and we will keep you informed on Fan Reviews News.
