Donald Trump faces a looming $454 million fraud judgment in New York that state Attorney General Letitita James could start collecting on next week.
Shareholders in Digital World Acquisition Corporation voted to approve a merger with Donald Trump’s social media company.The vote by DWAC shareholders comes two-and-a-half years after that so-called SPAC announced plans to merge with Trump Media & Technology Group, which owns the Truth Social app platform.
At current trading prices of DWAC, that would be worth around $3 billion or more, although it is not clear what the merged company's opening share price will be. It is possible that the board of directors could vote to allow Trump to sell shares earlier than that. And that board could be stocked with people close to Trump, including his son Donald Trump Jr., former wrestling company executive Linda McMahon, and Trump's former trade representative Robert Lighthizer, according to a list of planned nominees.
Trump currently faces huge legal bills from his attorneys in criminal and civil cases, and damage judgments topping a half-billion dollars in three separate civil cases.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Donald Trump Appeals $454 Million Judgment In New York Civil Fraud CaseTrump is challenging a judge’s finding that he lied about his wealth as he grew the real estate empire that launched him to stardom and the presidency.
Les mer »
Time running out for Donald Trump to procure $454 million in civil fraud caseFormer President Donald Trump appears to be running out of options, angrily calling the ruling in his New York civil fraud case a 'witch hunt.'
Les mer »
Donald Trump lawyers scramble as $454 million deadline approachesAppealing doesn’t, in itself, halt collection. But Donald Trump would automatically get such a reprieve if he puts up money, assets or an appeal bond covering what he owes.
Les mer »
Trump Frantically Digging Holes Around Mar-A-Lago In Hopes Of Striking $454 Million In OilPALM BEACH, FL—With time running out for the former president to secure a bond to cover the penalty in his New York civil fraud case, Donald Trump was seen Thursday frantically digging holes around Mar-a-Lago in hopes of striking $454 million in oil.
Les mer »
‘Vulnerable and desperate’: Trump running out of time to post $454 fraud bondThis is additional taxonomy that helps us with analytics
Les mer »