Is Donald Trump's 'fantasy' world near collapse after $355m ruling?

welcome back to our Channel where we bring you the latest news updates today we're discussing the recent legal troubles of former president Donald Trump trump who has always been trailed by a series of lawsuits has recently faced a significant blow a monthlong trial concluded on February 16th with a ruling against against him imposing penalties exceeding $355 million with interest this figure balloons to $454 million a sum that will continue to grow until it's paid in full this judgment could se

verely impact Trump's financial situation potentially affecting his business operations in his home state and the future of his company and real estate portfolio this ruling follows closely on the heels of an $83 million verdict against Trump for defaming E Caroll in addition to the 5.5 million he already owes her for lying about sexually abusing her last year two Trump organization subsidiaries were fined over $1.6 million after being found guilty of more than a dozen charges related to a 15-ye

ar fraud scheme Trump's legal battle span across the country with numerous lawsuits and criminal charges in New York Florida Georgia and Washington DC his legal fees are being funded by Trump connected political action committees which have spent tens of millions of dollars on his defense Trump's net worth is primarily tied up in his brand name assets and real estate but he is estimated to have roughly $425 million in cash and liquid assets if he doesn't use this cash to pay the latest penalties

his legal troubles could make it difficult to secure a bond for an appeal this could force him to sell off other assets potentially removing the Trump name from his properties and airplanes an appeal could take months or even years potentially overlapping with a second term in the white house should he be reelected while these judgments aren't fatal to his company they could lead to a significant decrease in his Fortunes in a recent ruling judge Arthur Eng gorin criticized Trump's apparent inab

ility to admit wrongdoing describing his lack of remorse as bordering on pathological despite these legal setbacks Trump continues to use his legal battles as part of his campaign narrative painting himself as a victim of political persecution however the recent verdicts have dealt a significant blow to his reputation and could threaten the future of his business that's all for today's update stay tuned for more news and don't forget to like share and subscribe for more updates