Trump Claims Companies Won’t Secure His $500 Million Bond—But Even Bigger Ones Were Paid In These Cases

📆 20/3/2024 17:57:00
📰 Forbes

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I am a senior reporter based in London covering breaking news, with a focus on legal issues including the Supreme Court and litigation against Donald Trump. I previously covered politics and news for Vanity Fair and Mic, and as a theater critic I served as a member of the New York Outer Critics Circle.

Former President Donald Trump’s attorneys have claimed the ex-president cannot secure a bond for the more than $454 million he owes in the civil fraud case against him and his company—though the New York attorney general’s officeplus interest

in the fraud case—which found him and his associates liable for fraudulently misstating the value of assets for personal gain—and his lawyersWednesday Trump’s claims were based on a “false premise,” because he could secure multiple bonds to cover the full amount, and claimed it’s “not unusual” for surety companies to provide bonds for even larger amounts, pointing to four examples.

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Full List of Companies that Denied Trump BondTrump's legal team on Monday admitted in a filing that he was unable to secure the money needed to appeal his civil fraud ruling.
Fuente: Newsweek - 🏆 468. / 52 Leer más »