Jeffrey Toobin Raises Possibility of Trump Getting Russian Financing to Pay Legal Judgments: 'Foreign Is His Only Option'
S E E D E D C O N T E N T
By Michael Luciano,
12 hours ago
Former federal prosecutor Jeffrey Toobin said that given Donald Trump's poor credit history, the former president's only option for paying off his legal judgments may be to turn to foreign entities for financing.
Trump is currently in a world of financial pain thanks to multiple legal judgments against him. Last month, a Manhattan judge ordered Trump to pay $354 million to the state of New York after the ex-president was found liable for defrauding banks. With interest, the amount is north of $450 million . Separately, Trump was found liable for sexual assault and also defaming his victim. In those cases, he has been ordered to pay $5 million and $83.3 million , respectively. Additionally, he is racking up massive legal fees thanks to these civil cases, as well as the four criminal cases in which he is under indictment.
Nonetheless, Trump is the presumptive Republican nominee for president.
On Wednesday's AC360 on CNN, guest host John King asked Toobin about the possibility of a wealthy benefactor coming to Trump's aid.
"Elon Musk said today that despite recent meeting with Trump at Mar-a-Lago, he will not be donating money to either candidate," King noted of the Tesla CEO. "Put aside conventional campaign donations. Is there anything that would legally prevent a very rich friend of Donald Trump from saying, 'Here. I'm gonna cut you a check to help you with these court judgments' - and would he have to publicly disclose that?'"
Toobin said the answer depends, but also raised a troubling possibility:
It would depend on the structure, but I think the most interesting question about that is, what if he goes to foreign sources? What if he goes to Azerbaijan? He has a lot of business overseas. What if he goes to Russia? What if he goes and gets hundreds of millions of dollars from overseas? What does that mean if a candidate for president is on the hook for multiple, multiple millions of dollars to a foreign source? Because that, it seems to me, is the most likely source. Banks at this point don't want anything to do with him. Deutsche Bank has lived a nightmare for decades now because they've been associated with Trump. So, I think foreign is his only option. And that raises a very big can of worms.
Watch above via CNN.
The post Jeffrey Toobin Raises Possibility of Trump Getting Russian Financing to Pay Legal Judgments: 'Foreign Is His Only Option' first appeared on Mediaite . Expand AllRead in NewsBreakComments / 0Add a CommentYOU MAY ALSO LIKEMost PopularTrump fraud trial judge says there's 'no mistake' the former president's Mar-a-Lago price-tag was 'fraudulent'Palm Beach, FL19 days agoAssassin Targeting Trump Allies Is on the Loose, FBI WarnsMiami, FL2 days agoRudy Giuliani Makes Big Confession About Trump Campaign In Bankruptcy CourtNew York City, NY28 days agoNew York AG to Donald Trump: Pay Up or I'll Seize Your BuildingsNew York City, NY15 days agoEx-Congressional Candidate Endorsed by Trump Wanted for MurderLas Vegas, NV14 hours agoFormer President Donald Trump told a Richmond crowd: 'We are going to make a big play for Virginia'Richmond, VA3 days agoMelania, Donald Trump Having Marital Woes? Ex-POTUS Allegedly 'Sad' At Super Tuesday Victory Party Sans WifePalm Beach, FL13 hours agoTrump's best option to get $540 million for legal judgments could be 'clean' property with private lendersNew York City, NY2 days agoRead the content in...NewsBreak AppOpenBrowserContinueGet New York, NY updates delivered to you daily. Free and customizable.EmailSubscribeBy signing up for our newsletter, you agree to ourTerms of UseandPrivacy Policy.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Our contributor network of tens of thousands of creators appears alongside stories from established publications and journalists. We empower individuals to share insightful viewpoints through short posts and comments. It's essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. As a platform hosting over 100,000 pieces of content published daily, we cannot pre-vet content, but we strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.
Tags
Who is online
57 visitors
that load is passing thru every rwnj money laundry available. I wonder how much trump sold us out for and who the buyer was?
Is this all the evidence you have for that claim?
[deleted]
Why would you post anything associated with Jeffrey Toobin !!!!!!
Desperation?
Not what I was thinking.
Democrats and the left setting up for the next hoax in the event Trump wins in November.
Yep, after being set straight on the RNC financing his costs, it's on to the next bullshit accusation.
The left has no shame. None at all and their opinions deserve no serious consideration.
None.
So, would this be "Russia Collusion 4.0" or "Russia Collusion 5.0"?
Who can actually track all the times that bullshit has been pushed by unscrupulous Dems?
It's right up there with all the "smoking guns" that were going to bring him down. And to date, every single one of them failed.
Russia collusion …. Infinity and beyond
And right in there with “he has no path to victory” in 2016
You said that in your best Buzz Lightyear voice didn't you.
You got it
Poor credit history? Didn't we just have several banks testify in a New York court that Trump was great with their loans, the money was all repaid and they were all willing to continue to do business with him? Why does this read as pulled from Toobin's neither regions...
I think Michael Luciano has been hanging out and smoking some with Hunter.
Just another wacky left wing conspiracy theory.