Trump to do some financial gymnastics between now and Monday to stave off enforcement against his cash and properties.
A court has rejected the paperwork for Trump's $175 million bond...Trump has to next Monday to show financial backing for the bond. If not, James can begin enforcement proceedings against Trump's property.
Donald Trump Could Be 'In World Of Hurt' Over Bond Issue Published Apr 09, 2024
Donald Trump is heading for a "world of hurt" unless he can come up with a $175 million bond by next Monday, a financial consultant has said.
Jon **rielsen, an Atlanta-based market economist, told Newsweek that New York Attorney General Letitia James could easily claim cash in Trump's accounts if the former president fails to post the bond.
A court has rejected the paperwork for Trump's $175 million bond because it could not verify the financial backing of the posting insurance company posting.
The court has given Trump and the insurance company, Knight Speciality Insurance, until Monday to show financial backing for the bond.
If not, James can begin enforcement proceedings against Trump's property.
