Donald Trump At Risk Of Losing Assets After Filing Appeal Over $454M Judgment

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Donald Trump’s Team Connects With MAGA Fan Who Launched GoFundMe To Raise $355M

MAGA supporter Elena Cardone, who created a GoFundMe page to help Donald Trump pay his $355 million fine, has confirmed that she is “currently in communication” with the former president’s team to ensure she receives the cash raised.

Elena made this revelation in an update on her GoFundMe page, telling MAGA’s 23,000+ donors that she is dedicated to making sure the more than $1 million raised gets to Trump for his legal bills.

Donald Trump’s Team Contacted Elena Cardone To Receive Funds

Volodymyr Zelenskyy Invited Donald Trump To UkraineMEGA

Following Trump’s costly legal ruling on Friday, February 16, the former president was fined $355 million and barred from doing business in New York for the next three years.

Some MAGA supporters denounced the decision as unfair and criticized the justice system on social media. However, others took their support for Trump a step further by creating a GoFundMe to help raise the money the billionaire needs to pay his fine.

Elena Cardone, wife of multi-millionaire tycoon Grant Cardone, created a GoFundMe and asked MAGA supporters to “stand with” Trump in the face of what they believe is an injustice done to the Republican presidential candidate.

The GoFundMe page has so far surpassed the million dollar milestone and is currently at $1,292,905 million from over 23,000 donations.

In a recent update, Elena confirmed to fellow MAGA supporters that she had contacted the Trump team to make sure she received the money raised in the fundraiser.

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“Confirmation of Receipt: We are in communication with President Donald Trump’s team to confirm that he can and will receive the funds raised,” Elena said. “It is important that we navigate this process carefully and in accordance with the law, and we appreciate your patience while we work out these details.”

He added, “Purpose of Funds: We want to be clear about the purpose of using the funds obtained. Every dollar will be used only to cover fines related to the New York civil fraud case, its appeal and any related expenses.”

Donald Trump’s GoFundMe Is ‘More Than A Legal Fund’

Donald Trump played golf at the Trump Turnberry resort in South AyrshireMEGA

In her call to action, Elena stated that the primary goal of the fund is to show support for Trump and other MAGA supporters.

“This is more than a legal fund; it is a clarion call to all patriots to rally behind a man who never hesitated to stand up for us,” he wrote.

Elena added, “It’s about showing that when one of us is targeted for standing up for the values ​​that make America great, he doesn’t stand alone. We stand with him, shoulder to shoulder, ready to support, defend, and fight back against a system that threatens to undermine the foundations of our republic.”

Meanwhile, her husband supported her on X, previously Twitter. He slammed the “unjust” judgment and asked people to donate to the fund.

My wife @elenacardone started a $354,000,000 GoFundMe account to fund the UNJUST judgment against @realDonaldTrump @DonaldJTrumpJr @EricTrump and the Trump Organization.

Give something & DEMONSTRATE that the American people stand together against unjust rulings like these…

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— Grant Cardone (@GrantCardone) February 16, 2024

“Give something & DEMONSTRATE that the American people stand together against unfair decisions like this where bias [sic] corrupt judges & legal system out of control,” Grant wrote.

The real estate mogul added, “Any amount is welcome & 100% of the funds will go to the Trump Org to defend this ridiculous judgment. If this decision stands, everything you own is at risk.”

Although Elena now claims to be “in communication” with Trump’s team, the former president has yet to publicly acknowledge the existence of a GoFundMe launched on his behalf.

Donald Trump Ordered To Pay Full Bond Amount To Cover $454 Million Public Fraud Trial Judgment

Donald Trump leaves for West PointMEGA

Amid MAGA’s attempts to support Trump, a New York appeals judge has denied his request to post a $100 million bond while he appeals what he described as an “un-American” $454 million civil fraud judgment.

According to reports, Trump has asked to pay $100 million, claiming that it is impossible for him to raise the money to cover the entire judgment because he is prohibited from obtaining loans in New York banks. However, New York State Attorney General Letitia James opposed Trump’s request, arguing that he must pay the full bond to ensure the state gets its money if the former president loses his appeal.

Judge Anil Singh of the state court’s Appellate Division ruled that Trump must post the full bond and that his three-year ban from operating a company in New York remains in place. Nevertheless, Judge Singh removed restrictions on Trump’s capacity to apply for loans from financial institutions in New York, potentially allowing him to use the equity in his assets to cover the entire bond amount.

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A five-judge appeals panel will now review Singh’s interim ruling to determine how much Trump will have to send to avoid paying the entire verdict while he files an appeal.

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