Donald Trump’s bond filing is falling apart by the hour
In the days since Donald Trump posted a last minute $175 million bond in his New York civil fraud case, the story has taken one suspicious turn after another. New York Attorney General Letitia James alleged that the company which posted the bond wasn’t even allowed to do so in the state. Others reported that the company may not have the cash to cover the bond. There’s also reporting that Trump may have misled the appeals court in order to get the bond reduced. Now things have taken another odd turn.
One legal expert is now predicting that the courts will reject the bond, and that Letitia James will then go ahead and start seizing Trump’s properties. Unfortunately one major news site used this prediction as the basis for a headline that made it sound like James was proceeding with such seizures. That’s not the case as of yet. But it could be soon enough.
We’ve said all along that if Trump did end up posting bond in this case, Letitia James and the courts would closely scrutinize it – and if there was something disqualifying about it, they would indeed get the bond rejected. Sure enough, James has flagged the bond as being illegitimate. Now it’s just a matter of whether the courts agree with her. There will also be the question of whether Trump committed fraud in relation to this bond, and if that will result in additional penalties against him.
