Donald Trump's recent cash flex could backfire bigly.
As the looming Monday deadline nears to pony up on a $464 million bond set in his civil fraud disgorgement trial loss, Trump went out on a bold limb to post a Truth Social all-caps screed declaring he was cash rich.
"THROUGH HARD WORK, TALENT, AND LUCK, I CURRENTLY HAVE ALMOST FIVE HUNDRED MILLION DOLLARS IN CASH, A SUBSTANTIAL AMOUNT OF WHICH I INTENDED TO USE IN MY CAMPAIGN FOR PRESIDENT," former President Donald Trump writes in the post.
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This revelation of hard currency in his hands right now had former federal prosecutor Ryan Goodman suggesting it could open up a window for New York Attorney Letitia James.
"If it's all true that also means he is sitting on north are $400 million and that's exactly what the attorney general can go after these properties," he said while appearing on CNN's "Out Front." "It's easier to go after the liquid assets than it is to go after these properties; it also avoids some of the optics of going after the properties."
The main takeaway: cash can be hers for the seizing.
"That's available to her to do," he said.
Trump must post the bond for the full amount by the deadline or face James, who brought the case, using her powers to seize any of his real estate properties or bank accounts.
So far lawyers for the 45th president are appealing the judgment and also admitted in a court filing that he has been unable to secure a bond.
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