New Filing Shows Trump’s Legal Expenses Are Nowhere Close to Reports


Share post:

Lindsay DeDario/Reuters

Lindsay DeDario/Reuters

Early news reports of former President Donald Trump’s astronomical $40.2 million in legal expenses now appear to have been off by about $20.1 million, or exactly half, according to a new Federal Election Commission filing.

Perhaps more notable, however, is the financial state of his former flagship leadership PAC, “Save America,” which covered those fees. Once a fundraising juggernaut, Save America ended June with just $3.7 million in the bank—a $100 million drop from its $103 million stash just one year ago—as the legal threats are only increasing in scope and severity.

The highly anticipated filing shows about $20.1 million in legal costs, with another roughly $1.5 million in additional legal reimbursements.

Donald Trump Finally Has His Richard Nixon Moment

The early news reports—sourced from “people familiar with the filing”—and the disclosure itself don’t provide enough data to show where the error lay. However, the seemingly neat halfway split could suggest an accounting mistake—or, alternatively, possibly unreliable or intentionally misleading sourcing. Those fees do appear to extend to an array of law firmsindicating financial support for a long list of possible witnesses in several cases—as well as to Trump’s own stable of attorneys.

The Trump operation had spent so much on lawyers that they opened a separate legal fund on July 19 and reportedly asked a Trump-aligned super PAC to refund $60 million in shady transfers ahead of his candidate announcement last fall.

The filing also shows that Save America raised just $15.6 million in the first six months of the year while spending nearly double that amount—$30.2 million. But the accounting discrepancy could also reflect a systemic problem—Trump’s full operation also filed more than two dozen corrected reports across several committees on Monday, going back as far as January 2021.

Read more at The Daily Beast.

Get the Daily Beast’s biggest scoops and scandals delivered right to your inbox. Sign up now.

Stay informed and gain unlimited access to the Daily Beast’s unmatched reporting. Subscribe now.

Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

Trump Freaks out After Judge Finds Him Liable for Fraud: ‘I AM WORTH MUCH MORE THAN THE NUMBERS SHOWN’

Soon after New York Judge Arthur Engoron found Donald Trump and his adult sons liable for fraud...

'Devastating': Trump suffers potentially catastrophic loss in court; Judge 'furious'

A New York judge has found that Donald Trump committed fraud and lied about the value of...

Trump's 'corporate death penalty' explained: veteran Manhattan fraud prosecutors describe what's next

A Manhattan judge on Tuesday found Trump and his real-estate company liable for fraud.The judge ordered Trump...

State trooper indicted, accused of 'brutally beating' 15-year-old who played ding dong ditch prank

A Delaware State Police trooper has been indicted after an investigation into him "brutally beating" a 15-year-old...

Scientists have found the great white sharks that fled for their lives from gruesome liver-eating killer whale attacks

Through a process of elimination, the scientists looked at the leading possible explanations including prey decline in...

Kevin McCarthy Wanted Bob Menendez To Resign Until Someone Mentioned George Santos

House Speaker Kevin McCarthy (R-Calif.) was one of many people calling for New Jersey Sen. Bob Menendez...

Fact Check: Video Shows 500K Men in Africa Preparing to 'Invade' Europe and America?

Claim:A video that went viral in late September 2023 authentically showed 500,000 "military aged men" gathering on...

DeSantis purposely dismantled a Black congressional district, attorney says as trial over map begins

TALLAHASSEE, Fla. (AP) — On the same day Alabama Black voters scored a victory in the U.S....