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Jeffrey Toobin Raises Possibility of Trump Getting Russian Financing to Pay Legal Judgments: ‘Foreign Is His Only Option’

By Michael Luciano,

2024-03-07

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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 .
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