Trump Faces Financial Threats Amid Defamation Verdict and Pending Civil Fraud Case
The recent civil defamation trial verdict against former President Donald J. Trump, awarding $83.3 million to E. Jean Carroll, has dealt a blow to his financial fortunes. While Trump has managed to avoid imprisonment and retain his ongoing pursuit of the Republican presidential nomination, this jury decision hit him where it truly hurts – his wallet. This financial setback couldn’t have come at a worse time as he awaits a potentially substantial penalty in an impending civil fraud case brought by New York Attorney General Letitia James, which could cost him hundreds of millions of dollars.
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