'They had a duty': Experts erupt over Trump lawyers' potential 'deception' on fraud bond
9 months ago

'They had a duty': Experts erupt over Trump lawyers' potential 'deception' on fraud bond

Raw Story  

Donald Trump's lawyers may have made misrepresentations to the court regarding the former president's bond in his civil fraud case, and legal experts are looking out for what comes next. ProPublica reported on Friday that Trump's attorneys "had told the appellate court it was a 'practical impossibility' to get a bond for the full amount of the lower court’s judgment, $464 million." ProPublica Illinois deputy editor Steve Mills asked the question, "Did Trump and his lawyers fail to disclose key details about his bond?" Former prosecutor Barbara McQuade also chimed in: "AG is doing her job on behalf of the people of New York to inquire into whether Trump’s appeal bond meets legal standards," she wrote on Sunday in response to Weissmann.

Court Trump Bond Propublica  trumps  wrote  duty  bond  weissmann  court  erupt  experts  trump  legal  lawyers  fraud  post  potential  prosecutor  deception

History of this topic

Trump reaches deal with New York AG Letitia James over multi-million dollar civil fraud bond
8 months, 2 weeks ago

Trump reaches deal with New York AG Letitia James over multi-million dollar civil fraud bond

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy After weeks of back-and-forth between Donald Trump’s legal team and …

Trump’s $175 million bond in New York civil fraud judgment case is settled with cash promise
8 months, 2 weeks ago

Trump’s $175 million bond in New York civil fraud judgment case is settled with cash promise

Associated Press  

NEW YORK — New York state lawyers and an attorney for former President Donald Trump settled their differences Monday over a $175 million bond that Trump posted to block a large civil fraud judgment while he pursues appeals. The bond stops the state from potentially seizing Trump’s assets to satisfy the more than $454 million that he owes after losing …

Trump gets a win in hearing over fraud trial bond
8 months, 2 weeks ago

Trump gets a win in hearing over fraud trial bond

Raw Story  

Donald Trump's attorneys reached an agreement with Attorney General Letitia James' office in court Monday — leading to Judge Arthur Engoron agreeing to accept the $175 million bond in his civil fraud case. At issue was James' concern that the bond offered by Knight Specialty Insurance Company had a Charles Schwab account owned by Trump as collateral — while Trump …

Trump’s $175-million bond in New York civil fraud judgment case is settled with cash promise
8 months, 2 weeks ago

Trump’s $175-million bond in New York civil fraud judgment case is settled with cash promise

LA Times  

Former President Trump returns to the courtroom after a recess at Manhattan criminal court on Monday in New York. New York state lawyers and an attorney for former President Trump settled their differences Monday over a $175-million bond that Trump posted to block a large civil fraud judgment while he pursues appeals. The bond stops the state from potentially seizing …

Trump’s $175m bond in fraud case should be voided, says New York attorney general
8 months, 2 weeks ago

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

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy New York Attorney General …

Criminal tax evasion complaint filed as Trump heads back to court
8 months, 3 weeks ago

Criminal tax evasion complaint filed as Trump heads back to court

Raw Story  

As Donald Trump heads back to a Manhattan courtroom where he is facing 34 felony counts related to allegedly paying off an adult film star before the 2016 presidential election, a new possible criminal investigation into income tax evasion is rearing its head. In late January, the Daily Beast reported on a "bombshell" report from retired judge Barbara Jones who …

'Absurd': Expert predicts Trump's last-minute fraud bond will be rejected
8 months, 3 weeks ago

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

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 …

Trump's new $175M bond to be challenged in upcoming hearing: court records
8 months, 3 weeks ago

Trump's new $175M bond to be challenged in upcoming hearing: court records

Raw Story  

New York Attorney General Letitia James has been granted a hearing by state judge Arthur Engoron to challenge the $175 million bond former President Donald Trump posted in his civil fraud case. In a new, brief order signed by Engoron, James was directed to present her case to the court on April 22 that the bond, posted by Knight Specialty …

Billionaire who floated Trump's $175 million fraud bond says he 'didn't charge enough'
9 months ago

Billionaire who floated Trump's $175 million fraud bond says he 'didn't charge enough'

Raw Story  

The billionaire white knight who swooped in to cover the $175 million surety civil fraud bond to assist Donald Trump is feeling a little buyer's remorse for assessing such bargain basement fees. On April 1, former President Donald Trump via billionaire Don Hankey, who owns the Knight Speciality Insurance Company, reportedly met the obligation to secure the $175 million bond …

'Absurdity and foolishness': Eric Trump has MAGA meltdown over challenge to $175M bond
9 months ago

'Absurdity and foolishness': Eric Trump has MAGA meltdown over challenge to $175M bond

Raw Story  

Former President Donald Trump's son Eric suffered a MAGA meltdown Thursday after New York Attorney General Letitia James raised concerns about his father's $175 million bond. Eric Trump took to X to sputter outrage that James wanted proof that the insurer backing Trump's $464 million civil fraud ruling is "financially sound." "The fact that the New York Attorney General is …

Letitia James demands proof that company that posted Trump's bond is 'financially sound'
9 months ago

Letitia James demands proof that company that posted Trump's bond is 'financially sound'

Raw Story  

New York Attorney General Letitia James submitted a filing on Thursday asking for proof that the company covering Donald Trump's $175 million bond in his fraud case is actually "financially sound." James told the New York City civil court — where Trump was found liable for damages upwards of $464 million — that she had serious concerns about Knight Speciality …

'Rejected': Trump bond filing 'returned for correction' over botched lawyering
9 months ago

'Rejected': Trump bond filing 'returned for correction' over botched lawyering

Raw Story  

Documents related to Donald Trump's $175 million bond were "returned for correction" after his lawyers reportedly forgot to attach a financial statement. The New York County Supreme Court's electronic filing system showed Wednesday that Trump's "bond/undertaking" had been "returned for correction." "The court has returned the documents listed below for the following reasons: Please include a current financial statement and …

Donald Trump posts $175 million bond in civil fraud case
9 months ago

Donald Trump posts $175 million bond in civil fraud case

Deccan Chronicle  

Embattled former US president Donald Trump posted a $175 million bond in his New York civil fraud case Monday, a court document showed, avoiding asset seizures while his case winds through the appeals process.Last week, a New York appeals court cut a $454 million bond payment he was originally required to make, reducing the sum to $175 million and giving …

Trump posts $175 million bond in civil fraud case; clears path for appeal and asset protection
9 months ago

Trump posts $175 million bond in civil fraud case; clears path for appeal and asset protection

Hindustan Times  

Embattled former US president Donald Trump posted a $175 million bond in his New York civil fraud case Monday, a court document showed, avoiding payment of a $454 million penalty while his case winds through the appeals process. FILE PHOTO: Republican presidential candidate and former U.S. President Donald Trump attends the 2024 Senior Club Championship award ceremony at his Trump …

Donald Trump posts $175 million bond in civil fraud case, averts asset seizures
9 months ago

Donald Trump posts $175 million bond in civil fraud case, averts asset seizures

The Hindu  

Donald Trump posted a $175 million bond in his New York civil fraud case on Monday, averting asset seizures by state authorities that could have hobbled the former U.S. president’s business empire. Mr. Trump originally needed to post a bond for $454 million, but an appeals court on March 25 stayed enforcement of Justice Arthur Engoron's judgment on condition that …

Donald Trump posts $175m bond in civil fraud case
9 months ago

Donald Trump posts $175m bond in civil fraud case

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump posted a $175m bond on Monday in his …

Trump Posts Bond to Freeze $454 Million Fraud Fine During Appeal
9 months ago

Trump Posts Bond to Freeze $454 Million Fraud Fine During Appeal

Live Mint  

-- Donald Trump followed through on his vow to pay a $175 million bond that will put a massive civil fraud verdict on hold while he appeals, assuring New York state won’t start seizing the former president’s assets, at least for now. The former president had said a full bond was “unattainable” because 30 insurance companies that arrange such bonds …

Trump posts $175 million bond in New York civil fraud case: report
9 months ago

Trump posts $175 million bond in New York civil fraud case: report

Raw Story  

Former President Donald Trump has posted $175 million bond in his New York civil fraud case, reports show. But with hours to spare before New York Attorney General Letitia James would have been empowered to start seizing Trump's real estate holdings, an appeals court gave him 10 more days and reduced the bond to $175 million. "Trump's lawyers had argued …

Donald Trump has posted a $175 million bond to avert asset seizure as he appeals NY fraud penalty
9 months ago

Donald Trump has posted a $175 million bond to avert asset seizure as he appeals NY fraud penalty

Associated Press  

NEW YORK — Donald Trump posted a $175 million bond on Monday in his New York civil fraud case, halting collection of the more than $454 million he owes and preventing the state from seizing his assets to satisfy the debt while he appeals, according to a court filing. Until the appeals court intervened to lower the required bond, New …

Donald Trump posts $175 million in civil fraud case, halting collection of massive judgment
9 months ago

Donald Trump posts $175 million in civil fraud case, halting collection of massive judgment

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump posted a $175 …

Trump posts $175m bond in fraud case to avoid asset seizures
9 months ago

Trump posts $175m bond in fraud case to avoid asset seizures

Al Jazeera  

Former United States president was in February found liable for misrepresenting his net worth by as much as $2bn. Former United States President Donal Trump has posted a $175m bond in his civil fraud case in New York, avoiding asset seizures which could have dealt a serious blow to his finances and reelection hopes. An appeals court last week ordered …

Major Republican donors plan to help Donald Trump cover $454-million bond amount in civil fraud case: Sources
9 months, 1 week ago

Major Republican donors plan to help Donald Trump cover $454-million bond amount in civil fraud case: Sources

Live Mint  

Some major Republican donors were working together to help U.S. presidential candidate Donald Trump fund the original bond amount needed to cover his $454 million civil fraud judgment ahead of Monday's deadline, three sources briefed on the matter told Reuters. Billionaire hedge fund founder John Paulson was involved in the behind-the-scenes effort by donors concerned about Trump's legal woes and …

Donald Trump lashes out as clock runs down on his $464m bond payment
9 months, 2 weeks ago

Donald Trump lashes out as clock runs down on his $464m bond payment

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. However, Mr Trump has claimed on his social media platform, Truth Social, that he …

New York court lowers $454m bond as Trump appeals civil fraud case
9 months, 2 weeks ago

New York court lowers $454m bond as Trump appeals civil fraud case

Al Jazeera  

Ruling gives former President Donald Trump, who had faced possible seizure of his assets, 10 days to post $175m bond. An appeals court in the United States has agreed to pause the collection of Donald Trump’s $454m civil fraud judgement, delivering a victory to the former US president and preventing authorities in New York from beginning to seize his assets. …

Eric Trump says he was laughed at while attempting to secure his dad's $454 million bond
9 months, 2 weeks ago

Eric Trump says he was laughed at while attempting to secure his dad's $454 million bond

Salon  

On Monday, Donald Trump will be called upon to make good on the $454 million judgment in his New York fraud case or post bond in order to appeal the ruling. In an interview with Fox News host Maria Bartiromo on Sunday, Eric Trump re-circulated the story initiated by Trump's team that they've been turned down by every lender they've …

Opinion: Successful Stable Genius Billionaire Unable to Secure $454 Million Court Bond
9 months, 2 weeks ago

Opinion: Successful Stable Genius Billionaire Unable to Secure $454 Million Court Bond

Huff Post  

It feels like a schadenfreude moment. Lawyers for former President Donald Trump say he hasn’t the money to post bond on roughly half a billion dollars he now owes under his New York fraud judgment. And, in what would be a huge embarrassment for Trump’s presidential campaign, she could serve a restraining notice that says to Trump, “don’t use any …

'That's not the actual amount': Trump's lawyers scramble to explain $500M boast
9 months, 2 weeks ago

'That's not the actual amount': Trump's lawyers scramble to explain $500M boast

Raw Story  

Former President Donald Trump's lawyers are scrambling to explain away his $500 million boast, posted to Truth Social Friday morning, after they said in court filings their client couldn't come up with that kind of cash, according to a new report. Trump's attorneys told CNN reporter Kara Scannell Friday morning that Trump's all-caps claim that he currently has almost $500 …

'One of them is lying': Experts warn Trump his $500M claim directly contradicts lawyers
9 months, 2 weeks ago

'One of them is lying': Experts warn Trump his $500M claim directly contradicts lawyers

Raw Story  

In a post to Truth Social this Friday morning, Donald Trump claimed that he has "almost" $500 million in cash — a claim that contradicts his lawyers who said earlier this week that complying with the $464 million judgment against him in New York Attorney General Letitia James' civil fraud case against him would cause "irreparable harm." "Tump now claims …

Trump’s lawyers keep fighting $454M fraud appeal bond requirement
9 months, 2 weeks ago

Trump’s lawyers keep fighting $454M fraud appeal bond requirement

Associated Press  

NEW YORK — Former President Donald Trump’s lawyers kept pressing an appellate court Thursday to excuse him from covering a $454 million fraud lawsuit judgment for now, saying he’d suffer “irreparable harm” before his appeal is decided. The financial requirement is “patently unjust, unreasonable and unconstitutional,” one of the presumptive Republican presidential nominee’s lawyers, Clifford Robert, wrote in a letter …

Ex-Prosecutor Stunned By Trump's New Legal Claim: 'Doesn't Make Any Sense At All'
9 months, 2 weeks ago

Ex-Prosecutor Stunned By Trump's New Legal Claim: 'Doesn't Make Any Sense At All'

Huff Post  

LOADING ERROR LOADING Former federal prosecutor Andrew Weissmann said he highly doubts former President Donald Trump’s claim that he’s been unable to obtain a $464 million bond to appeal his civil fraud conviction. It “just doesn’t make any sense at all,” Weissmann told MSNBC’s Alicia Menendez on Wednesday’s broadcast of “Deadline: White House.” In a filing to the New York …

NY AG Says Court Should Reject Trump’s Request To Get Out Of Paying $464 Million Bond
9 months, 2 weeks ago

NY AG Says Court Should Reject Trump’s Request To Get Out Of Paying $464 Million Bond

Huff Post  

LOADING ERROR LOADING The office of New York Attorney General Letitia James urged the New York state Supreme Court on Wednesday to reject former President Donald Trump’s “extraordinary” request to waive or reduce the $464 million bond he owes following his civil fraud conviction. In a filing, James’ office slammed Trump’s assertion that it is “a practical impossibility” for him …

Letitia James says you can't trust Trump's claim he's unable to cover $454 million fraud bond: New York AG says ex-president's friend and golf partner who said he was rejected by 30 insurance firms is
9 months, 2 weeks ago

Letitia James says you can't trust Trump's claim he's unable to cover $454 million fraud bond: New York AG says ex-president's friend and golf partner who said he was rejected by 30 insurance firms is

Daily Mail  

New York AG Letitia James is dissing Donald Trump's claim that he can't find any company willing to help him post bond on his $454 million fraud judgement, ridiculing his effort to slash the amount saying the attester he relied on lacks credibility. 'Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to …

NY state asks court not to let Trump forgo $454M bond during fraud case appeal
9 months, 2 weeks ago

NY state asks court not to let Trump forgo $454M bond during fraud case appeal

Associated Press  

NEW YORK — New York state lawyers urged an appellate court Wednesday not to buy former President Donald Trump’s claims that it’s impossible to post a bond fully covering a $454 million civil fraud judgment while he appeals. The “defendants fail to propose a serious alternative to fully secure the judgment,” Dennis Fan, a lawyer in the state attorney general’s …

Trump has '464 million reasons' to sell out to a 'scary' foreign patron: legal expert
9 months, 2 weeks ago

Trump has '464 million reasons' to sell out to a 'scary' foreign patron: legal expert

Raw Story  

Donald Trump is moving closer to having his properties seized if he's unable to pay a $464 million fraud judgment or secure the same amount for a bond required to appeal, according to a legal expert. The former president says he approached 30 insurers but found none of them willing to post the bond, and some of his friendly right-wing …

New York state asks court not to let Trump forgo $454-million bond during fraud case appeal
9 months, 2 weeks ago

New York state asks court not to let Trump forgo $454-million bond during fraud case appeal

LA Times  

Former President Trump speaks after exiting a courtroom in New York in December. New York state lawyers on Wednesday urged an appellate court not to buy former President Trump’s claims that it’s impossible to post a bond fully covering a $454-million civil fraud judgment while he appeals. The “defendants fail to propose a serious alternative to fully secure the judgment,” …

NY AG Letitia James urges appeals court to be wary of Trump's bond story
9 months, 2 weeks ago

NY AG Letitia James urges appeals court to be wary of Trump's bond story

Salon  

New York Attorney General Letitia James granted Donald Trump a 30-day grace period to secure a bond for the $450 million+ necessary to satisfy the civil business-fraud judgment against him. On Monday, Trump's lawyers filed to a New York court stating that they made “diligent efforts” to secure the bond, reaching out to 30 different companies, but received a "no" …

'Practically impossible': Trump lashes out hours after revelation he can't pay $464M bond
9 months, 2 weeks ago

'Practically impossible': Trump lashes out hours after revelation he can't pay $464M bond

Raw Story  

Donald Trump hit back Monday night after his lawyers revealed he couldn't pay his $464 million fraud trial bond. In a post to Truth Social, he claimed that it wasn't that he couldn't find a company willing to underwrite a bond of that amount of money — it's that no company possibly could. "I built a Magnificent Business, which helped …

'Practical impossibility': Trump claims he can't pay $464mn bond in NY fraud case as deadline looms
9 months, 3 weeks ago

'Practical impossibility': Trump claims he can't pay $464mn bond in NY fraud case as deadline looms

Hindustan Times  

Former US President Donald Trump has admitted that he won't be able to pay over $400 million New York civil fraud penalty. In a court documents released on Monday, Trump's attorneys said the ex-US President had spoken to 30 underwriters to support the bond, which is due at the end of March, NBC News reported. Gary Giuletti, an insurance broker …

Trump flagged as 'massive security risk' after he's unable to post bond in fraud judgment
9 months, 3 weeks ago

Trump flagged as 'massive security risk' after he's unable to post bond in fraud judgment

Raw Story  

Donald Trump's lawyers notified a New York court that he's not able to find an insurance company willing to underwrite his bond to cover his massive civil fraud judgment, and a Democratic congressman said that opened him up to foreign corruption. The former president's attorneys said in a court filing Monday that Trump has approached 30 underwriters to back the …

Donald Trump can't secure $454 million bond in the New York fraud case: Lawyers say it's impossible to come up with the cash
9 months, 3 weeks ago

Donald Trump can't secure $454 million bond in the New York fraud case: Lawyers say it's impossible to come up with the cash

Daily Mail  

Donald Trump's lawyers told a New York appellate court Monday that it's impossible for him to post a bond covering the full amount of his $454 million civil fraud judgment while he appeals. The former president's lawyers wrote in a court filing that 'obtaining an appeal bond in the full amount' of the judgment 'is not possible under the circumstances …

Trump’s lawyers say it is impossible for him to post bond covering $454 million civil fraud judgment
9 months, 3 weeks ago

Trump’s lawyers say it is impossible for him to post bond covering $454 million civil fraud judgment

Associated Press  

NEW YORK — Donald Trump’s lawyers told a New York appellate court Monday that it’s impossible for him to post a bond covering the full amount of a $454 million civil fraud judgment while he appeals, suggesting the former president’s legal losses have put him in a serious cash crunch. Trump’s lawyers wrote in a court filing that “obtaining an …

Trump's lawyers say it is impossible for him to post bond covering $454 million civil fraud judgment
9 months, 3 weeks ago

Trump's lawyers say it is impossible for him to post bond covering $454 million civil fraud judgment

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Trump is unable to post a bond topping $450 million in civil fraud case, lawyers say
9 months, 3 weeks ago

Trump is unable to post a bond topping $450 million in civil fraud case, lawyers say

LA Times  

Former President Trump acknowledges supporters at a campaign rally in Vandalia, Ohio, on Saturday. Donald Trump’s lawyers told a New York appellate court Monday that it’s impossible for him to post a bond covering the full amount of a $454-million civil fraud judgment while he appeals. The former president’s lawyers wrote in a court filing that “obtaining an appeal bond …

Lawyers say ‘not possible’ for Trump to post bond in $454m civil fraud case
9 months, 3 weeks ago

Lawyers say ‘not possible’ for Trump to post bond in $454m civil fraud case

Al Jazeera  

The former US president is appealing a New York ruling that he inflated his wealth to deceive lenders and insurers. Lawyers for former United States President Donald Trump have told a New York appellate court that it is impossible for him to post a bond covering the full amount of his $454m civil fraud judgement while he challenges the ruling. …

Alina Habba's 'billionaire' boast bites her as she admits Trump can't pay cash bond
10 months, 1 week ago

Alina Habba's 'billionaire' boast bites her as she admits Trump can't pay cash bond

Raw Story  

Donald Trump's attorney Alina Habba had to eat her words Wednesday after admitting that the former president did not have the cash bond required to appeal his fraud trial ruling in New York. In a filing in federal court, lawyers for Trump asked to stay Justice Arthur Engoron's decision ordering the billionaire to pay a $454.2 million judgment in a …

Trump will post bond for $400m after fraud decision, says Alina Habba
10 months, 2 weeks ago

Trump will post bond for $400m after fraud decision, says Alina Habba

Daily Mail  

Donald Trump will post on the massive $354 million ruling against him in his New York fraud trial, his lawyer Alina Habba said Monday, amid intense speculation on how he will raise the cash. Judge Arthur Engoron ruled Friday in a 92-page order that Trump must pay the stunning amount in a ruling where he blasted the former president for …

Discover Related