Donald Trump GoFundMe Raises $84K of $355 Million Target in 24 Hours
Source: Newsweek
Published Feb 17, 2024 at 3:58 PM EST | Updated Feb 17, 2024 at 5:46 PM EST
An online fundraiser for former President Donald Trump has racked up $84,354 out of a $355 million target in just 24 hours following the final judgement in his civil fraud trial in New York. On Friday, Trump was fined roughly $355 million by New York Judge Arthur Engoron following a monthslong trial.
The trial was to determine how much Trump and his associates would pay after New York Attorney General Letitia James filed a lawsuit in September 2022 accusing the former president, his two adult sons, Donald Jr. and Eric, The Trump Organization and two firm executives, Allen Weisselberg and Jeff McConney of fraudulently overvaluing assets to secure more favorable bank loans and taxation deals.
The former president was also barred from doing business in New York for three years. Other defendants in the case also faced financial penalties and were banned from doing business in New York for periods of time. Meanwhile, Trump, who is the GOP frontrunner in the 2024 presidential election, has denied any wrongdoing and claims the case was politically motivated.
Elena Cardone, the wife of real estate businessman Grant Cardone, made a GoFundMe page titled, "Stand with Trump; Fund the $355M Unjust Judgment" following Engoron's ruling. Within 24 hours, the GoFundMe page has raised $84,354 from 2,170 donations. The highest donation, which was sent anonymously, was for $2,500. There were also quite a few $100 donations and some $200 donations. Meanwhile, others donated smaller amounts like $5 to $25. Newsweek reached out to Trump's campaign via email and Cardone via GoFundMe for comment.
Read more: https://www.newsweek.com/donald-trump-gofundme-raises-84k-355-million-target-24-hours-1870940
FalloutShelter
(11,872 posts)Secondly, I didnt know there were that many idiots.
Okay
I did.
spooky3
(34,461 posts)Roy Rolling
(6,921 posts)Trump is a poor mans idea of what a rich man looks like.
What billionaire accepts charity? In almost every scripture and philosophy warns against giving charity to the rich.
Even if hes Smelvis.
BumRushDaShow
(129,165 posts)Imagine my surprise to learn he was here in Philly today at "Sneaker Con" hawking his latest - https://apnews.com/article/trump-sneakers-sneaker-con-philadelphia-4de093eda6f8d1c68baf8fe8095f777b
FalloutShelter
(11,872 posts)If this sick F*** were not such a malignant force, O would find this sad.
cpamomfromtexas
(1,247 posts)During hunting season no less. The reflection off of them will scare off the deer.
COL Mustard
(5,906 posts)To disinfect the city after he leaves? Everything about him is gross.
BumRushDaShow
(129,165 posts)the SAME PA Convention Center that the GOP sent goons here to attack during the 2020 Presidential election ballot counting.
PatSeg
(47,520 posts)Can so many really be THAT stupid?
True Blue American
(17,986 posts)Are selling for $400.00! His other ones sell for $100.00! These must be real gold!
https://www.etsy.com/market/trump_sneakers
FalloutShelter
(11,872 posts)COL Mustard
(5,906 posts)Useful and decorative!
https://www.etsy.com/search?q=trump%20toilet%20paper&ref=search_bar
Kennah
(14,276 posts)jimfields33
(15,836 posts)Mr.Bee
(185 posts)Not to use the Services to raise or establish or contribute to any Fundraiser with the implicit or explicit purpose of promoting or involving:
the legal defense of alleged financial or violent crimes.
TwilightZone
(25,472 posts)Credit to ProfessorGAC pointing that out in another thread.
It violates the spirit of the rule, in my opinion, but there's probably enough wiggle room there that I could see the fundraiser arguing that it's not technically a violation.
chowder66
(9,074 posts)TwilightZone
(25,472 posts)I'm a little surprised they haven't already. If nothing else, there are political fundraising violation implications that they probably don't want to mess with.
chowder66
(9,074 posts)I would think that would be enough to shut it down but I guess not ....as of yet.
COL Mustard
(5,906 posts)I work for the Government so I can't benefit from a GoFundMe, since I can't say where the money comes from, so it could be a conflict of interest with my official duties...but this sexual abuser and grifter who used to get a paycheck from the Government (and wants to again), can do whatever the hell he wants and get away with it.
usaf-vet
(6,189 posts)I will personally be very disappointed and think they would ruin a great service to real people who need real help.
I personally would never donate through them again.
OTHER SERVICES WILL POP UP TO FILL THE VOID.
COL Mustard
(5,906 posts)They've shit the bed in my opinion.
usaf-vet
(6,189 posts)slightlv
(2,824 posts)find find and exploit any wiggle room! I do hope either gofundme disallows this as against the spirit of its TOS, or else, like everything else, rump takes down gofundme. I know it's done a lot of good for a lot of people, but like everything else, it can be turned to bad... as in this case.
cstanleytech
(26,299 posts)violate that portion you posted.
ProfessorGAC
(65,083 posts)That's what I said in a thread yesterday that TZ referenced.
The policy is "squishy" enough that it can probably be justified, at least with some tortured logic.
That said, there's another condition that prohibits fundraising for illegal activities and the fine is the result of activities found to be unlawful, at least under civil law.
Like TZ, I expect they'll take it down, eventually.
onenote
(42,715 posts)Which would suggest that a GoFundMe account created to cover the judgement against Trump may not violate the TOS.
Shermann
(7,423 posts)keithbvadu2
(36,834 posts)Use this. Be generous.
tanyev
(42,577 posts)TexasBushwhacker
(20,204 posts)Cardone is a snake oil salesman and Scientologist.
captain queeg
(10,209 posts)claudette
(3,581 posts)it as income for tax purposes
OilemFirchen
(7,143 posts)A local breakfast joint seeking to relocate into our neighborhood of a few hundred residents raised their goal of $15K in 8 hours. Plus an extra $3K by EOD.
Brekky rulez!
TheBlackAdder
(28,209 posts)RockRaven
(14,974 posts)or Mike Lindell pillows, or guns...
BumRushDaShow
(129,165 posts)machoneman
(4,007 posts)...sucking up all the loose change virtually guarantees we will win tons of elected posts as the R's running will get zero financial support. We win, they lose and they already know it! Lemmings jumping into the sea.
How many of them are stupid beyond belief? Let me count the ways..........................................
MayReasonRule
(1,461 posts)That's per day... lol
cstanleytech
(26,299 posts)chowder66
(9,074 posts)According to a recently filed lawsuit, Cardone Capital and Grant Cardone targeted everyday investors, through social media. These solicitations were allegedly misleading to many investors. For example, the lawsuit complaint states that Grant Cardone assured investors through these solicitations that their investments would pay high monthly distributions and would return to investors at least two to three times their investment. He gave specific examples, as stated in the lawsuit complaint:
Investing $100,000 would pay $500 in distributions monthly
Investing $200,000 in the fund would result in a $660,000 position in the fund
Investing $200,000 would allow investors to early $12,000-$15,000 in distributions a year
The property investors invest in would triple in value in 5 to 7 years
However, according to the lawsuit, the actual distributions have been much less than these stated amounts. Further, the complaint states that Cardone had no reasonable basis for estimating investors distributions or the value of the property to be so high. As a result, these statements have been deemed false and misleading.
https://www.classlawgroup.com/securities-fraud/cardone-equity-fund-class-action-lawsuit
DavidDvorkin
(19,480 posts)Some of the comments are simultaneously contemptible and pathetic.
Salviati
(6,008 posts)... they'll have paid off the entire total in only 15 years, after accounting for the 9% interest.
(Actually, that's at 145k per day. At 85K per day, he's not even covering the yearly interest.)
ificandream
(9,376 posts)There's one called "Defamation Lawsuit." The description reads: "Donate today for president Donald Trump from the crazy Democrats and their their sex crazed puppets." LOL That has just only over $1,000 raised. "Restore Democracy and Make America Great Again" has raised $20.
There's also a twin "Stand With Trump" that has raised only $200.
These people are dumber than dumb.
FakeNoose
(32,658 posts)At this rate he'll need 5,000 days - more than 13 years - to raise the entire amount.
(Rough numbers here, but still it proves that he'll never raise it by GFM.)
SilasSouleII
(363 posts)I had a rough guesstimate of over 10 years.
soldierant
(6,891 posts)working 24 hours a day for $15.00 per hour, he would have had to start in 600 and something - BCE
Rizen
(711 posts)Hey look, it's a convicted fraud and rapist; lets throw money at him!
KarenS
(4,081 posts)At this rate how long is it going to take him to raise enough money to raise $355 million???
ProfessorGAC
(65,083 posts)...at $160k in a day & the total bond requirement of $540 million, 3,375 days, or 9 years/3 months.
Kablooie
(18,634 posts)Well, they have high aspirations.
But many people are sending thousands of dollars.
slightlv
(2,824 posts)take the cake, but they'd just find a way to monetize it and give it to trump! Honestly... how many of these $25 donation people have trouble making it through the checkout line at the grocery store and scream bloody murder about it? But they're more than willing to give their grocery money to a billionaire?
God... the stupid... it burns!!!!!
NYC Liberal
(20,136 posts)Trump is both a multibillionaire and needs donations to pay his bills.
Oneironaut
(5,506 posts)God people are dumb lol
Evolve Dammit
(16,745 posts)Yo_Mama_Been_Loggin
(108,066 posts)"I'm a successful billionaire. Please send me a donation." Donald Trump
LudwigPastorius
(9,156 posts)theyll have raised the money for his fine in 11 and a half years.
At which point, he will have already have been the only U.S. president to have died in federal prison.
truthisfreedom
(23,148 posts)Not gonna get there.
3catwoman3
(24,010 posts)is 0.0004507% of the goal -
Bernardo de La Paz
(49,013 posts)TomCADem
(17,390 posts)...to GoFund me unlike campaign contributions. Also, is there any need to disclose who made such payments?
KewlKat
(5,624 posts)a violation of GoFundMe TOS?
malthaussen
(17,205 posts)Presumably, it will take awhile for the wheels of justice to turn.
-- Mal
Phoenix61
(17,006 posts)making it more difficult for every other repuke campaign to get any donations. Seems like a plan they should stick with.😂😂😂
orthoclad
(2,910 posts)They're investing in their souls to the God-Emperor.
Time off in Purgatory.
IronLionZion
(45,465 posts)Make America Grift Again
niyad
(113,434 posts)and the guy is apparently a sex offender, eric vevang, according to several posts here on DU yesterday.
AllaN01Bear
(18,275 posts)IronLionZion
(45,465 posts)I don't know the details but that means his victim was underage. Typical of the GOP Grand Old Predators
malthaussen
(17,205 posts)AllaN01Bear
(18,275 posts)it was used for a 2 time impeached , rap sheet thousands of miles long jerk instead.always opm other peoples money not theirs ,
malthaussen
(17,205 posts)No Vested Interest
(5,167 posts)to vent their true feelings re The Donald.
WillParkinson
(16,862 posts)Go on, tell us another.
iluvtennis
(19,864 posts)to liquidate those 2.5 billion in assets he supposedly ( ) has.
Layzeebeaver
(1,625 posts)his supporters are definitely high on something...
captain queeg
(10,209 posts)Wouldnt have to work at convincing them, they are thoroughly convinced already and beyond any light of reason. I suppose trump already has all their names.
Botany
(70,524 posts)Smackdown2019
(1,188 posts)Does he have pay taxes on that as well?
tavernier
(12,393 posts)That or a world wide telethon until we can throw the Putinists out of our Congress?
More_Cowbell
(2,191 posts)I've seen that some of the marine drones/jet ski-type things that took down two Russian ships were bought with donated funds. I'm not sure if it's true, though.
Novara
(5,844 posts)Who's to say this isn't a total scam? I mean, people know how stupid his cult members are. Anybody can set up a godundme and cash in.
Think. Again.
(8,199 posts)....about how much of a REALLY bad idea it is to get mixed up financially with donald trump.
samnsara
(17,623 posts)...but 1$ is too much.
MayReasonRule
(1,461 posts)That's for ONE DAY of interest (9%) on the $355M Judgement
He gets one of these EVERY day until the Judgement is paid in full.
30-day deadline to pay the fine was imposed by Manhattan Supreme Court Justice Arthur Engoron.
gibraltar72
(7,506 posts)rambler_american
(789 posts)send a check for $1.00. It will cost more than $1.00 to process the check and then postage to send a thank you.
Layzeebeaver
(1,625 posts)Mr. Ected
(9,670 posts)The very people who are so opposed to billionaires paying their own fair share of taxes are the ones making sizeable contributions to a purported billionaire to cover his bills?
Yeah. It's a cult.
Dyedinthewoolliberal
(15,579 posts)every 24 hours it will only take him 4,226 days to hit the mark (more or less)- about 11 years or so..............
COL Mustard
(5,906 posts)Came from "Trumpisarapist" or something like that.
liberal N proud
(60,338 posts)How can these idiots, many of who dont have the money, just hand it over to a man to pay his legal fees for FRAUD!
My head hurts now!
The Grand Illuminist
(1,334 posts)There needs to be laws in the books where outside help on all monetary rulings, whether criminal fines or litigation rulings, are completely and totally forbidden. Trump made his mess, he needs to clean it up by himself, without any help at all.
calimary
(81,340 posts)Theyll give their all, and theyll have nothing to show for it. And somehow theyll feel vindicated, I guess.
True Blue American
(17,986 posts)Just put coins in water. The magnet picked them up just fine.
And Fox News blamed Micheal Steele for the Steele Dossier.
Martin68
(22,822 posts)Maybe we should all donate a penny to waste their time and money.
malthaussen
(17,205 posts)That is such a low percentage of the total, it has to be expressed exponentially. 2.366 e-4, roughly.
-- Mal
Liberty Belle
(9,535 posts)is raising funds on their site. His company is barred from doing business in New York, and his family charity and Trump University were all shut down as frauds.
We'll see if I get a response, as a media member.
True Blue American
(17,986 posts)Smooth155
(10 posts)With the Eugene Carol lawsuit from the court and the NY 350 million dollar lawsuit can't that money be seized as assets ?
ColinC
(8,301 posts)Aristus
(66,409 posts)I tell you, pretty soon, they're not going to have the scratch for crystal meth and Colt .45 beer.
ificandream
(9,376 posts)And I'll bet Trumpo doesn't see one penny of it.
BumRushDaShow
(129,165 posts)so far still scheduled for May - https://www.pbs.org/newshour/politics/steve-bannons-we-build-the-wall-scheme-trial-set-for-may-2024
(as a side note - when I went to search on "Bannon trial" it came up with "Do you mean Baboon trial". )
Turbineguy
(37,354 posts)Not including interest.
FakeNoose
(32,658 posts)They probably (most of them) aren't real. They're just grifters taking easy money from the rubes.
Even if they ARE real, Chump will most likely croak before the full amount is raised, so what's the point? It's coming out of his estate and the kiddies will inherit zilch.
More_Cowbell
(2,191 posts)The only thing better than the MAGAts depriving real candidates of funds by giving to Trump would be if the MAGAts depriving real candidates AND Trump of funds by giving to a grifter.
TwilightZone
(25,472 posts)As for the amount, it doesn't have to meet the goal before the money is available. Money can be transferred out of GFM at any time, so they wouldn't have to wait until goal is met to send money to Trump.
The part I find interesting is that it never really says the money would go to Trump. He's mentioned, of course, but there's a lot of weasel words about "taking a stand", and it's referred to as a "legal fund".
Playingmantis
(139 posts)At this rate it will take about 12 years to pay this off and that is not including interest and other penalties..
Hopefully he wont last another six months..
JohnSJ
(92,257 posts)Jrose
(832 posts)the gold peels off, revealing black and white stripes!
Grins
(7,218 posts)Ms. Carroll and the state of NY thank you, suckers!
captain queeg
(10,209 posts)I pocket it. I might have to creat some phoney expenses. Most likely that is exactly what is happening for the one who started the fund. A true trump acolyte
Orrex
(63,216 posts)Kennah
(14,276 posts)marble falls
(57,116 posts)COL Mustard
(5,906 posts)Among the 6000+ donors:
Vladdy YourDaddy
PT Barnum
A whole bunch of "anonymous", and I can't blame them. I wouldn't want my name associated with that asshole either. In fact if I were going to donate $5 I would do it under my Irish name, Pat McGroyne, or my Arabic name, Azheet M'Draws.
I really can't understand how that many people can be so gullible. $5 is one thing, but there's at least one contribution of $5000. What is that person thinking? I really don't get it. Oh well, not my circus, not my monkeys.
634-5789
(4,175 posts)Their T & C clearly states you can't set up a donation for crimes, yet...here we are. I did try to report this fiasco, but apparently I'm too dumb.
No Vested Interest
(5,167 posts)Could that be the reason this is allowed?
TwilightZone
(25,472 posts)The penalties have all been from civil cases thus far.
BumRushDaShow
(129,165 posts)(a jury could have done the same if they hadn't missed the chance to request a jury trial)
"Fraud" is a crime. One of the main differences here is that NY restricts the AG to only being able to file civil suits, and in this case, it would be to recover money lost to the state (plus there is rarely any prison time associated with civil judgements).
TwilightZone
(25,472 posts)He's facing civil penalties. A ruling in a civil case is not a criminal conviction. It can lead to a separate criminal investigation, but that still doesn't make the civil case a criminal one.
He was found liable for sexual assault, which, separately, is a crime. He was not convicted of sexual assault. This is the same thing.
BumRushDaShow
(129,165 posts)so at this point, I expect it is then moot for this.
But "fraud" is still a crime. I expect Alvin Bragg's case that goes to trial March 25 (so far), which is for "criminal" fraud, would be one that might apply at that point.
TwilightZone
(25,472 posts)One cannot be convicted for a crime for which one wasn't indicted or charged.
One cannot be convicted for a crime in a civil case.
I can't believe this even needs to be explained.
Was Trump convicted of a crime in the E. Jean Carroll case? Obviously, he wasn't. But, but...sexual assault is a crime!!!
This is quite literally the same exact circumstance. Why would one be a conviction and the other not?
The first criminal trial is the hush money case, as the Guardian correctly notes in their headline:
https://www.theguardian.com/us-news/2024/feb/15/trump-court-hush-money-stormy-daniels
BumRushDaShow
(129,165 posts)is whether this particular account violated GoFundMe's TOS and nothing more. Given that similar fundraising accounts to take care of penalties were permitted to continue by the service in the past, would thus be the answer to those questions, and the rest of what you wrote would be irrelevant.
underpants
(182,843 posts)On Saturday I saw that some gave $5 literally to post F Trump. The top donor at the time at $2,500 was a convicted sex offender.
Brainfodder
(6,423 posts)Javaman
(62,531 posts)will the orange asshole demand whatever has been raised?
you can bet he will
claudette
(3,581 posts)by the stupidity of magats
C_U_L8R
(45,004 posts)I don't think the magats will be able to keep up for more than a few days.
Kennah
(14,276 posts)COL Mustard
(5,906 posts)They are all the way up to $1.3M. Not insignificant, but a long, long way from the current total (I assume with interest) of $465M.
This counter makes me unusually happy, although I know it shouldn't.
https://trumpdebtcounter.com/
GoneOffShore
(17,340 posts)Or my slightly psychotic raccoon spirit animal.
COL Mustard
(5,906 posts)Pissed off ones, like the one I scared in the garbage can, not so much.