Donald Trump cuts deal to keep $271 million civil fraud bond - as attorney roasts judge, AG for having ‘no idea’ about finance
James had raised concerns that Trump controlled the money secured by Knight Specialty Insurance Company — owned by billionaire Trump supporter Don Hankey — and said the former president could even have earned interest on the money while his appeals of Engoron’s ruling are pending. Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.
Donald Trump has negotiated a deal to secure a $175 million civil fraud bond, while he appeals the ruling in the case - even as his criminal trial got underway down the street. Picture: Getty“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.