"State lawyers said in court filings Friday that the former president and his co-defendants — the Trump Organization and its top executives, including his two eldest sons — failed to prove the surety Trump used to obtain the bond actually has the money to back it."
#NYAG#LetitiaJames asked an appeals court to require Trump to prove within 10 days that the company providing his $175M bond in the state’s #civil#fraud case is financially capable of delivering if his #legal challenges fail.
The request was made in a filing Thurs by the state.
#Trump & #TrumpOrganization must post a bond for the full amt by next wk in order to stop #NYAG#LetitiaJames from being able to collect while he appeals. They asked an appeals court to step in & said Mon they haven’t been able to get a #bond.
"Defendants’ ongoing diligent efforts have proven that a bond in the judgment’s full amount is 'a practical impossibility. These diligent efforts have included approaching about 30 surety companies through 4 separate brokers” the filing said.
So this is important: How #TRUMP could run a stock #scam involving #TruthSocial that would generate the $500 million he needs to post bonds and appeal his civil case losses. (via electoral-vote.com)
"Will the man never stop getting his ass kicked by women? E. Jean Carroll. New York Attorney General Letitia James. Now Judge Jones will make sure there's no fast shuffling with the company's assets. Fani Willis is still on deck, as is Stormy Daniels. For now, he's going to have to beg for cab fare. From a woman. That has to sting."
"Their complete lack of contrition & remorse borders on the pathological. …Trump is not Bernie Madoff. Yet, [these] defendants are incapable of admitting the error of their ways."
“#NewYork Attorney General #LetitiaJames filed a lawsuit against #Citibank on Tuesday, alleging the big bank failed to do enough to protect and reimburse victims of fraud.
The lawsuit argues that New York customers lost millions of dollars – in some cases their entire lifesavings – as a result of Citi’s weak security and anti-fraud measures.” #legal