Letitia James

Donald Trump has until Monday to find a $454 million bond in his New York fraud judgment or face Attorney General Letitia James swooping in to seize his assets – and an expert said Friday he's desperate to stop that happening.

Trump's lawyers claimed this week that finding the money to cover the judgment while he appeals it is a “practical impossibility," even though the former president took to Truth Social Friday and claimed he has almost $500 million in cash.

It won't be easy to seize Donald Trump's property to satisfy the $464 million judgment against him in the New York fraud case.

Prior mortgages on Trump properties won't prevent New York Attorney General Letitia James from trying to collect on his assets, but some of those loans are forbiddingly steep and would make a forced sale less attractive, according to MSNBC legal analyst Lisa Rubin.

In a deal that could eventually net Donald Trump around $3 billion or more, shareholders in Digital World Acquisition Corporation this Friday voted in favor of a merger with the former President's social media company.

The vote comes over two years after DWAC said it planned to merge with Trump Media & Technology Group, which owns the Truth Social platform, NBC News reported.

Former President Donald Trump's lawyers are scrambling to explain away his $500 million boast, posted to Truth Social Friday morning, after they said in court filings their client couldn't come up with that kind of cash, according to a new report.

Trump's attorneys told CNN reporter Kara Scannell Friday morning that Trump's all-caps claim that he currently has almost $500 million in cash — more than the $464 million he's been ordered to pay in his New York City civil fraud trial — wasn't exactly right.

Donald Trump's Truth Social rant Friday in which he claimed to be sitting on $500 million in cash was met by a mixture of skepticism and mirth on CNN, with co-hosts and legal experts suggesting he likely doesn't have the money — and if he does it just opened up a whole new can of worms for him.

In an early all-cap post, the former president boasted: "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."

In a post to Truth Social this Friday morning, Donald Trump claimed that he has "almost" $500 million in cash — a claim that contradicts his lawyers who said earlier this week that complying with the $464 million judgment against him in New York Attorney General Letitia James' civil fraud case against him would cause "irreparable harm."

"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. THE OFTEN OVERTURNED POLITICAL HACK JUDGE ON THE RIGGED AND CORRUPT A.G. CASE, WHERE I HAVE DONE NOTHING WRONG, KNEW THIS, WANTED TO TAKE IT AWAY FROM ME, AND THAT’S WHERE AND WHY HE CAME UP WITH THE SHOCKING NUMBER WHICH, COUPLED WITH HIS CRAZY INTEREST DEMAND, IS APPROXIMATELY $454,000,000. I DID NOTHING WRONG EXCEPT WIN AN ELECTION IN 2016 THAT I WASN’T EXPECTED TO WIN, DID EVEN BETTER IN 2020, AND NOW LEAD, BY A LOT, IN 2024.THIS IS COMMUNISM IN AMERICA!" Trump wrote in his usual all-caps style.

After spending a considerable amount of time documenting the multiple Donald Trump properties that will be at risk of seizure if the former president doesn't come up with $462 million for an appeals bond in New York, MSNBC host Mika Brzezinski noted the desperation of the Trump campaign to rake in every dollar it can.

With New York Attorney General Letitia James reportedly already getting the paperwork ready to go to grab Trump properties next week in anticipation that he will fail to find anyone willing to back an appeals bond, the "Morning Joe" co-host cited a pop-up ad featuring Don. Trump Jr. where he begs for cash.

After pointing out that President Joe Biden's campaign is now labeling Trump as "Broke Don," Brzezinski called out the desperation of the former president's campaign.

ALSO READ: Trump is exploiting, abusing, playing, bending and breaking the legal system

"Just last night I got like one of those video ads that pop-up before you watch a video and it was like Donald Trump Jr's face saying, 'Give us five dollars. Chip in."' I was like, 'Wow, God, you guys are scraping,'" she told the "Morning Joe" panel.

"I mean, yeah, when they've got to email you?" co-host Joe Scarborough laughed along with the rest of the panel.

"It was like a video," she explained before grimacing and adding, "It was jarring. Very close up."

Watch below or at the link.

Donald Trump claimed to have exactly enough cash to pay off his New York fraud judgment in an early morning, all-caps rant.

The ex-president was ordered by justice Arthur Engoron to pay $454 million in penalties after he was found liable for habitually defrauding lenders by inflating property values for his own financial benefit, and he complained that New York Attorney General Letitia James had brought the case to hurt his re-election chances, although she filed the lawsuit two months before he officially announced.