In a surprising turn of events, Rudy Giuliani, the former mayor of New York City, was spotted withdrawing cash from an ATM in Manhattan on the same day he filed for Chapter 11 bankruptcy. The images, obtained by sources, capture Giuliani making a swift transaction at a Citi Bank ATM, spending a mere 5 minutes on his financial affairs. This unexpected sight follows a recent court decision that ordered Giuliani to pay a staggering $146 million to two former Georgia election workers in a defamation case related to the 2020 election.
Giuliani’s quick visit to the ATM raises eyebrows as he faces the financial aftermath of the substantial court ruling earlier this week. The jury’s decision marked a significant blow to Giuliani, who has been entangled in legal battles and controversies surrounding his role in the aftermath of the 2020 election. The defamation case, which led to the multimillion-dollar judgment, adds to the mounting challenges Giuliani is confronting.
The former mayor officially filed for Chapter 11 bankruptcy on the same day as his ATM visit, revealing that he is burdened with debts amounting to hundreds of millions of dollars. Giuliani attributes this financial strain to various lawsuits, legal fees, and tax obligations. Despite the sizable sum he has been ordered to pay, Giuliani claims his net worth is currently between $1 and $10 million, leaving him unable to meet the demands of his considerable debt.
The images of Giuliani withdrawing cash offer a glimpse into the personal financial struggles of a prominent political figure. The juxtaposition of a former mayor, once a key player on the national stage, using an ATM amid bankruptcy proceedings underscores the unpredictable and challenging nature of Giuliani’s current circumstances.
As the legal and financial saga unfolds, Giuliani’s bankruptcy filing adds another layer to the complex narrative surrounding his post-election activities and their repercussions. The former mayor, known for his high-profile legal career and political prominence, now faces a formidable financial hurdle that has captured the public’s attention.
Written by
Derek Chan – Editor