Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it. The fact that the former president resorted to such a measure has sparked questions on social media about the state of his finances.

  • orclev@lemmy.world
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    1 year ago

    That or he’s using his other favorite tactic and found a bondsman that’s on the verge of going bankrupt and he’s planning to stiff him and betting the guy won’t have enough money to take him to court over it. That said, he could also be in financial trouble. It’s been well known for a long time now that Trump pretends like his finances are MUCH better than they actually are, with him regularly bleeding money on failed ventures. There’s a reason he’s basically been running grifts for decades and just slapping his name on successful things run by other people instead of his own businesses. He was probably counting on using campaign funds and donations to cover his legal costs and got told he couldn’t, and his usual sugar daddies aren’t willing to pour money into him considering how unlikely he is to beat the current slate of charges.

    It’s also interesting that he recently “sold” Mar-A-Lago, although since he “sold” it to his son the move is more likely just to protect the property if he does end up in jail. Could also be to provide him some liquidity to cover his legal costs.