How Rudy Giuliani’s financial woes have gone from bad to worse

24 November 2023

In the past, Rudy Giuliani's allies applauded him for being tough on crime — first as a federal prosecutor for the Southern District of New York, then during his two terms as mayor of New York City. But these days, Giuliani is inundated with legal problems. In addition to being among the many co-defendants in Fulton County, Georgia District Attorney Fani Willis' case against 2024 GOP presidential frontrunner Donald Trump.

Giuliani has so many legal bills that, according to reports, he hasn't been paying them on time. In September, Robert Costello, one of Giuliani's former lawyers, filed a lawsuit against him and alleged that he was owed $1.36 million in unpaid legal bills. Now, Giuliani is being sued by his accountants for the same reason.

According to The New Republic's Tori Otten, "Giuliani hired BST & Co. CPAs, which is based in Upstate New York, in 2018 to value his business assets during his divorce from Judith Nathan. The firm filed a lawsuit on Monday, (November 20) stating that Giuliani never paid them the $10,000 retainer they agreed on. BST is also seeking $15,000 in legal fees."

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Otten adds, "BST sent multiple letters to Giuliani over the past five years requesting that he pay up, according to the lawsuit. Giuliani allegedly ignored every single one."

The reporter stresses that BST's lawsuit is "just the latest accusing Giuliani of failing to pay his debts," noting Costello's lawsuit.

"Giuliani has begun representing himself in court to save some cash," Otten reports in an article published on November 22. "The man once affectionately known as 'America's mayor' is scrambling to find the money for all his legal fees and even listed his Manhattan apartment for sale in July. In August, after he was indicted in Georgia, Giuliani asked his social media followers to donate to his defense fund."

In addition to being sued by attorneys and accountants for unpaid bills, Giuliani was order to pay over $130,000 to Ruby Freeman and Shaye Moss — the Georgia election workers he falsely accused of committing election fraud in 2020. The false claims that the 2020 election was stolen from Trump in Georgia, according to Willis and special counsel Jack Smith, have been repeatedly debunked and have zero merit.

Otten notes, "(Giuliani) also flew to Mar-a-Lago to beg his boss Donald Trump to pay him for working as Trump's personal attorney. That didn't work, but Trump did agree to host a fundraiser dinner for Giuliani. Entry cost $100,000 a plate, but Giuliani paid Costello just $10,000 in September."

Read The New Republic's full article at this link.

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