'Absurd': Expert predicts Trump's last-minute fraud bond will be rejected


by Raw Story

Raw Story— Donald Trump's last-minute filing Monday night states that the bond he's offered up in his civil fraud case now has "substantial financial credibility" — but experts aren't so sure.Trump's $175 million bond, which would allow him to put seizures of his property on hold while he appeals the verdict that hit him with $454.2 million in damages earlier this year, was initially knocked by New York Attorney General Letitia James, who claimed its source — Knight Specialty Insurance Company — was not...

KSNT News—How long will Donald Trump’s NY trial last?. A criminal trial against Donald Trump is currently underway in a New York City courtroom, with prosecutors and Trump’s defense giving their opening arguments Monday.

Raw Story—Judge urged by prosecutors to reject Trump's civil fraud bond as lacking 'trustworthiness'. New York Attorney General Letitia James is urging state Judge Arthur Engoron to reject the $175 million bond former President Donald Trump is posting in his civil fraud case.According to MSNBC legal analyst Adam Klasfeld, James' filing says that Trump's bond fails to meet "requirements of trustworthiness and competence" and should therefore be held "without effect."Trump was found liable for over $450 million in the case earlier this year, after James demonstrated the former president and his...

MarketWatch—Trump’s deal over $175 million fraud bond gives him financial breathing room. The former president's lawyers agreed to certain restrictions pertaining to the cash collateral for the bond.