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

by Pelican Press
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New York AG says $175 million Trump fraud bond isn’t properly backed, should be voided

Former President Donald Trump returns from a lunch break at Manhattan criminal court as jury selection continues in New York, NY on Thursday, April 18, 2024. 

Jabin Botsford | Reuters

The New York Attorney General’s office on Friday asked a judge to void a $175 million bond posted by former President Donald Trump to secure a much larger monetary damage award in his civil business fraud case.

The AG’s office in a court filing said that Trump and other defendants in the case had failed to show there is enough identifiable collateral to back the bond.

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