Rudy Giuliani Begged for Cash Following Bankruptcy Filing

(PatriotWise.com) — In a now-deleted tweet, former New York City Mayor Rudy Giuliani was urging followers to subscribe to his podcast, America’s Mayor Confidential, no doubt in hopes of raising money now that he has to pay millions in damages to two Georgia election workers.

Giuliani filed for bankruptcy on December 21, claiming severe financial strain after a jury awarded two former election workers $148 million in their defamation lawsuit against the former Trump lawyer over his lies about the 2020 presidential election.

According to the Associated Press, Giuliani listed as existing or potential debts nearly $153 million, including nearly $1 million in federal and state taxes, as well as legal fees and millions in potential judgments in lawsuits he is facing.

The former NYC mayor estimated his assets at somewhere between $1 million and $10 million.

Giuliani had already been on the cusp of financial ruin for several years, but the jury award to former Georgia election workers Ruby Freeman and Wandrea Moss sent him over the edge.

The two women accused Giuliani of targeting them after Donald Trump narrowly lost the state to Joe Biden in 2020. The women claimed that Giuliani’s attacks on them led to death threats and made them fear for their lives.

Giuliani’s spokesman, Ted Goodman, said in a statement that the former mayor’s decision to file for bankruptcy protection shouldn’t be surprising given the “high punitive amount” of the jury award against him.

By filing Chapter 11, Giuliani will have the time and opportunity to appeal the jury verdict while also “providing transparency for his finances,” Goodman said.

However, filing for bankruptcy is unlikely to erase the $148 million jury award, as bankruptcy law does not allow debts from “willful and malicious injury” to others to be dissolved.

The judge in the defamation suit said on December 20 that Moss and Freeman could immediately pursue payment, suggesting that any delay could provide Giuliani with the time to hide his assets.

Newsweek reported on Giuliani’s tweet urging his followers to subscribe to his program. However, the tweet has since been deleted.

Copyright 2024, PatriotWise.com