Former U.S. President Donald Trump speaks to the media as he arrives at a Manhattan courthouse trial in a civil fraud case brought by state Attorney General Letitia James against him, his adult sons, the Trump Organization and others in New York City, U.S., October 4, 2023. 

Mike Segar | Reuters

If Donald Trump were “truly unable” to secure an appeal bond in his $464 million business fraud case, he should have pledged his real estate to the courts, the New York attorney general’s office said in a court filing Wednesday.

Instead, Trump claimed it was “impossible” for him to get a bond, but did not provide any hard evidence for this, the AG’s office told a New York appeals court.

“Defendants supply no documentary evidence that demonstrates precisely what real property they offered,” to potential insurers, the AG’s office wrote.

Nor did they report “on what terms that property was offered, or precisely why” bond insurers “were unwilling to accept the assets.”

The office made that argument as it asked the court to reject Trump’s request to stop his massive fraud judgment from coming due.

This is breaking news. Please check back for updates.

Read more CNBC politics coverage

Read More: World News | Entertainment News | Celeb News
CNBC

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

2024 is the year of the rate cut pivot — here’s when the world’s central banks will budge

Euros, U.S. dollars, Canadian dollars, Russian rubles and Czech korunas lie on…

Eli Lilly’s weight loss drug Zepbound shows promise as a sleep apnea treatment in late-stage trials

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed…

Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%

Apple shares climbed 7% in extended trading on Thursday after the iPhone…

Mark Cuban says this common leadership style is a toxic trait: ‘Trust the process or fix what’s broken’

For the most part, Mark Cuban is firmly anti-micromanaging. The 65-year-old billionaire…