New York Attorney General Letitia James on Friday asked that a judge void former President Donald Trump’s bond in his civil fraud case, questioning whether the company that issued it has the funds to back it up. In a 26-page filing ahead of a pre-scheduled hearing on Monday, James expressed concern about whether Knight Specialty […]
Tag: Bond
Donald Trump’s time is up
Donald Trump could start seeing his bank accounts frozen and his properties seized as the time to put down a guarantee payment related to his New York civil fraud penalty expires. The former president was fined $355 million, rising to $454 million with interest, by New York Judge Arthur Engoron after ruling Trump filed fraudulent […]
Trump losing his cool as bond deadline nears
The eye-popping judgment against former President Trump in his New York fraud case has laid bare his precarious financial status, a matter that has sent the notoriously incensed real estate mogul off the rails. In Truth Social posts, Trump has laid out mini diatribes lambasting the judge and attorney general in the case, claiming they […]
What happens if Trump can’t pay $450m bond?
Former President Donald Trump needs to arrange a $454 million bond to comply with a New York Court ruling in less than a week, but the presumptive Republican nominee says he can’t find a company to put up the bond. Trump’s lawyers are asking an appeals court to stay the judgment, but the clock is […]