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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Leaning Left6Leaning Right8Center4Last Updated13 days agoBias Distribution44% Right