Don’t trust Trump’s ‘impossible’ appeal bond claims, attorney general tells judges

Real Estate

Former U.S. President Donald Trump speaks to the media as he arrives at a Manhattan courthouse trial in a civil fraud case brought by state Attorney General Letitia James against him, his adult sons, the Trump Organization and others in New York City, U.S., October 4, 2023. 
Mike Segar | Reuters

If Donald Trump were “truly unable” to secure an appeal bond in his $464 million business fraud case, he should have pledged his real estate to the courts, the New York attorney general’s office said in a court filing Wednesday.

Instead, Trump claimed it was “impossible” for him to get a bond, but did not provide any hard evidence for this, the AG’s office told a New York appeals court.

“Defendants supply no documentary evidence that demonstrates precisely what real property they offered,” to potential insurers, the AG’s office wrote.

Nor did they report “on what terms that property was offered, or precisely why” bond insurers “were unwilling to accept the assets.”

The office made that argument as it asked the court to reject Trump’s request to stop his massive fraud judgment from coming due.

This is breaking news. Please check back for updates.

Articles You May Like

Munis outperform UST losses, sit back after large selloff
Goodbye to Berlin, Europe’s self-effacing capital
S&P 500, Nasdaq-100 are getting an update. Trillions depend on who’s in and who’s out
Matt Gaetz accused of paying for sex and using drugs by US congressional panel
Bank of England holds interest rates at 4.75%