Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it. The fact that the former president resorted to such a measure has sparked questions on social media about the state of his finances.
This is the best summary I could come up with:
Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it.
Trump voluntarily turned himself in at the Georgia jail where he was booked on 13 felony counts linked to his alleged efforts to overturn his loss in the 2020 election in the state.
Trump and 18 co-defendants, including his personal lawyer Rudy Giuliani and former White House chief of staff Mark Meadows, are accused of conspiring together in the same election plot, according to the indictment released earlier this month.
“It’s also unusual for a billionaire to post a bond in cash as he did in the E. Jean Carroll’s case instead of getting a commercial insurance company to do it for him, and he couldn’t do it there,” Rubin said.
Earlier this month, the Associated Press reported that Trump’s campaign finances were strained as the former president was dedicating tens of millions of dollars towards his legal defense.
On his campaign website, Trump asks his supporters for a “contribution to evict Crooked Joe Biden from the White House and SAVE AMERICA.”
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