Rudy Giuliani has been spotted hitting an ATM in New York City on the same day he filed for bankruptcy, following a significant court loss.
Key Takeaway
Rudy Giuliani’s public ATM visit in NYC coincides with his bankruptcy filing, underscoring the financial impact of the recent court ruling against him.
ATM Visit After Bankruptcy Filing
Former New York City mayor, Rudy Giuliani, was photographed making a quick cash withdrawal from an ATM inside a Citi Bank in NYC. Witnesses reported that he spent only about 5 minutes at the ATM.
Legal Troubles and Bankruptcy Filing
Giuliani’s ATM visit comes in the wake of a jury’s ruling demanding him to pay $146 million to two former Georgia election workers in a defamation case related to the 2020 election. This week, he filed for Chapter 11 bankruptcy, citing debts from lawsuits, legal fees, and taxes, which he claims amount to hundreds of millions of dollars.
Financial Situation
According to reports, Giuliani stated that he is worth between $1 and $10 million and is unable to settle his substantial debt. This move to file for bankruptcy follows the court’s order to pay a massive sum, reflecting the severity of his financial challenges.
