"New York AG Challenges Trump's Financial Maneuvers Amid Legal Battles"

1 min read
Source: Newsweek
"New York AG Challenges Trump's Financial Maneuvers Amid Legal Battles"
Photo: Newsweek
TL;DR Summary

New York Attorney General Letitia James' office is pushing for former President Donald Trump to post a bond covering the full $454 million civil fraud judgment against him, despite his legal team's argument that it would be practically impossible. Trump has until Monday to meet the deadline, or James can seize his assets, including Trump Tower. Interest is accumulating on the penalty, and Trump's lawyers claim that very few bonding companies would consider a bond of that magnitude. James' office contends that Trump could attempt to secure a bond from multiple sureties and may not be revealing the true worth of his holdings.

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