Rudy Giuliani’s bankruptcy filing, spurred by a multimillion-dollar verdict against him for defaming two Georgia election workers, has provided fresh insight into the former New York City mayor’s finances.
A federal jury in Washington, D.C. in December ordered Giuliani to pay Ruby Freeman and Shaye Moss a whopping $148 million for baselessly claiming they engaged in widespread voter fraud after the 2020 election. Days later, he filed for bankruptcy, acknowledging the severe strain the penalty put on his finances.
His bankruptcy judge late Tuesday allowed the longtime ally of former President Trump to appeal the defamation verdict but in the meantime, his bankruptcy proceeding has cracked Giuliani’s finances wide open, shedding light on his debts and overall standing.
That standing includes thousands of dollars in taxes and credit card debt and millions more he could owe to voting technology companies Dominion Voting Systems and Smartmatic if he’s found to have defamed them, too.
I don’t believe this for one second. These guys are masters at moving money around making it look like they’re broke, while they have millions hidden away.
And let’s say for the sake of argument that he is drowning in debt. What a shame, that there would be consequences for his actions.
I generally agree, but Ghouliani in particular strikes me as the kind of desperate idiot that would spend it faster than it’s coming in, leveraging further and further, convinced he’s gonna reach escape velocity into billionaire space.
Edit: Both can be true though.