Giuliani says he’s effectively out of cash after defending Trump

August 16, 2023

Former Trump attorney Rudy Giuliani said in court Monday that he’s effectively out of cash and facing six figures’ worth of legal bills and sanctions after working for the former President.

Not including standard legal fees, the former Mayor of New York City faces nearly $90,000 in sanctions from a judge in a defamation case brought by Georgia 2020 election workers Ruby Freeman and Shaye Moss, a $20,000 monthly fee to a company to host his electronic records, $15,000 or more for a search of his records, and even a $57,000 judgment against his company for unpaid phone bills.

Giuliani declined in court Monday to provide details of his financial state, with his attorneys writing that “producing a detailed financial report is only meant to embarrass Mr. Giuliani and draw attention to his misfortunes.”

In May, a company holding Giuliani’s archived records as legal evidence was paid more than $300,000 from Trump’s PAC (political action committee), according to campaign finance records. Giuliani’s attorneys have apparently not be paid through that PAC. 

In a filing this month in the Freeman-Moss defamation suit, Giluani’s attorneys wrote that their client is having “financial difficulties.” 

The voting software company Smartmatic and Dominon Voting Systems are both also suing Giuliani for defamation related to unsubstantiated claims he made in the aftermath of the 2020 election.

On Monday Giuliani was named as one of 19 co-defendants, along with Trump, in an indictment on a collective 41 felonies handed up by a grand jury in Fulton County, Georgia related to actions surrounding that state’s 2020 election.

All 19 defendants face racketeering, or “RICO,” charges. Ironically, Giulani himself built his career on the Racketeer Influenced and Corrupt Organizations Act when he went after Mafia dons as a federal prosecutor in Manhattan in the 1980s.

Giuliani has also been identified as unindicted “Co-Conspirator 1” in Special Counsel Jack Smith’s indictment of Trump amid the federal investigation into the 2020 Presidential election.

Though Giuliani has met with special counsel prosecutors, he has denied any claims that he has “flipped” on Trump.

Additionally, Giuliani is facing ethics charges by the DC Board of Professional Responsibility over alleged breach of rules on behalf of the 2020 Trump campaign in Pennsylvania, after having his New York law license suspended in June 2021 for making  “demonstrably false and misleading” statements about voter fraud.

Read more exclusive news from Political IQ.

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