Published 14 days ago

NY AG asks Trump civil fraud judge to declare $175M bond ‘without effect’

The New York Attorney General's office requested a judge to invalidate a $175 million bond by Donald Trump in a civil fraud case due to insufficient collateral. Trump and defendants were directed to secure a replacement bond.
Trump's surety company, Knight Specialty Insurance, lacks the financial stability to back the bond, making it questionable.
Judge Arthur Engoron previously held Trump and others responsible for inflating real estate values and ordered Trump to pay $454 million in damages, which increases daily.

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The Independent

Trump’s $175m bond in fraud case should be voided, says New York attorney general

Mr Trump’s hefty bond was posted by California-based Knight Specialty Insurance Company last month

14 days ago·London, United Kingdom

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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.

14 days ago·United States

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The Hill

NY AG asks Trump civil fraud judge to declare $175M bond ‘without effect’

The New York attorney general’s office has asked a judge to void the $175 million bond former President Trump secured to put off paying the larger monetary damage award in his civil fraud case. State lawyers said in court filings Friday that the former president and his co-defendants — the Trump Organization and its top…

14 days ago·Washington, United States

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Benzinga

NY AG Letitia James Seeks To Void Trump's $175M Bond In Civil Fraud Case

The New York Attorney General Letitia James' office has moved to invalidate the $175 million bond secured by former President Donald Trump.

14 days ago·New York, United States

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The Epoch Times

Letitia James Presses Judge to Void Trump’s $175 Million Bond, Paving Way for Asset Seizure

New York Attorney General Letitia James has asked the judge in former President Donald Trump’s civil fraud case to declare the $175 million bond that a surety company posted on his behalf as “without effect” and to require it to post a new bond that is sufficiently collateralized, while calling into question the firm’s credibility. The company that issued the bond—Knight Specialty Insurance Company (KSIC)—posted a $175 million bond on April 1 on…

13 days ago·New York, United States

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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…

14 days ago·United States

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NY AG asks Trump civil fraud judge to declare $175M bond ‘without effect’

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0 Articles

Trump’s $175m bond in fraud case should be voided, says New York attorney general

Trump’s $175m bond in fraud case should be voided, says New York attorney general

New York AG says $175 million Trump fraud bond isn't properly backed, should be voided

New York AG says $175 million Trump fraud bond isn't properly backed, should be voided

NY AG asks Trump civil fraud judge to declare $175M bond ‘without effect’

NY AG asks Trump civil fraud judge to declare $175M bond ‘without effect’

NY AG Letitia James Seeks To Void Trump's $175M Bond In Civil Fraud Case

NY AG Letitia James Seeks To Void Trump's $175M Bond In Civil Fraud Case

Letitia James Presses Judge to Void Trump’s $175 Million Bond, Paving Way for Asset Seizure

Letitia James Presses Judge to Void Trump’s $175 Million Bond, Paving Way for Asset Seizure

Judge urged by prosecutors to reject Trump's civil fraud bond as lacking 'trustworthiness'

Judge urged by prosecutors to reject Trump's civil fraud bond as lacking 'trustworthiness'

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