Trump's $175 million bond should be REJECTED in fraud trial because the insurance company hasn't 'backed' it properly, New York Attorney General Letitia James tells judge
by dailym.ai
dailym.ai— AG's office says Knight Specialty Insurance Company failed to assure it could back the $175 million bond. James' office asks Trump put up replacement bond within seven days of ruling
CBS News—New York Attorney General Letitia James opposes company holding Trump's $175 million bond in civil fraud case. New York Attorney General Letitia James on Friday filed a memorandum of opposition to the surety company that holds the $175 million bond for former President Donald Trump as he appeals the $460 million decision against him in the civil fraud trial earlier this year. The attorney general's office says it is concerned about the financials of the bondholder, Knight Specialty Insurance company, and the collateral for the bond.The $175 million in cash that Trump claims to have provided as collateral...
CNBC—New York AG says $175 million Trump fraud bond isn't properly backed, should be voided. Donald Trump was ordered to pay more than $450 million in damages in a civil business fraud lawsuit lodged by New York Attorney General Letitia James.
Forbes—Trump’s $175 Million Fraud Bond Survives After New York AG Strikes Deal. The $175 million bond former President Donald Trump put up in his civil fraud case will not be invalidated, as his attorneys and the New...