Trump doesn’t have the cash he said he had. He lied
Posted on: March 18, 2024 at 11:57:23 CT
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Donald Trump’s lawyers said the former president has been unable to obtain a bond to guarantee payment of a $454 million civil-fraud judgment against him, despite trying to negotiate a deal with some of the largest suretors in the world.
In a filing to a New York appeals court, Trump said that the judgment, ordered by a state judge last month, was so large that suretors wouldn’t accept real estate as collateral and would require cash to guarantee the bond.