Rep. Lieu accuses Trump of lying about not being able to pay $464M judgment; Mark Cuban says he's wrong
Business,Mark Cuban,Donald Trump,US House,Fraud,Banking And Finance
Rep. Ted Lieu, D-Calif., was criticized by billionaire business entrepreneur Mark Cuban after accusing former President Donald Trump of lying about being a billionaire and not being able to secure a $464 million appeal bond.
Trump has not been able to secure the required $464 million appeal bond he needs following a New York civil fraud judgment against him, and his attorneys said in a court filing Monday that obtaining one is a "practical impossibility under the circumstances presented."
Lieu reposted a story from another media company on the matter yesterday on X.
"Trump claims he is a billionaire. But he can’t pay a $464 million [judgment]," Lieu tweeted. "That means he is lying. How do I know? Math."