NY Says Trump Should Post Bond for Full Fraud Fine Before Appeal – Bloomberg
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
The New York attorney general disputed Donald Trump’s claim that he may have to sell properties at a loss in order to secure the bond necessary for the real estate mogul to appeal a $454 million civil fraud fine.
The billionaire former president, who is seeking permission to post a smaller $100 million bond or no bond at all, failed to provide evidence that insurance companies known for arranging such bonds were refusing to do so, New York Attorney General Letitia James said in an appeals court filing Monday.