E. Jean Carroll drops 'one week to pay' threat on Trump as he scrambles for cash
March 01, 2024
Early Friday morning, writer E. Jean Carroll announced for all the world to see that Donald Trump has yet to cough up the $83.3 million he owes her after she defeated him in two separate civil trials.
Taking to X, Carroll dropped a message to the former president with a simple message that Trump has "one week to pay" on her social media platform, while also linking to a Fortune summary of his courtroom loss to her as well as his other courtroom financial setbacks that have him scrambling to come up with almost a half billion dollars quickly.
Following a report from CNN that the former president is facing a "nightmare" scenario coming up with the money that may force him to sell off assets before the courts ordered them seized, Fortune notes, "Carroll’s attorneys argued in a court filing Thursday that Trump is asking the court to 'simply trust that he’s very rich' and therefore doesn’t need to post a bond guaranteeing he’ll pay the money, while they have 'very serious concerns about Trump’s cash position' and the 'feasibility' of him paying what he owes."
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Questions have been raised about how much cash Trump has on hand combined with the millions he is already paying in legal bills, with the Fortune report pointing out that "Forbes estimates Trump’s net worth at $2.6 billion as of September. That includes just over $400 million in cash and liquid assets—enough to cover Carroll’s judgment alone, but not his total legal fines when combined with his judgment in the fraud case."