"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."
#NewYork#AttorneyGeneral#LetitiaJames has taken a bold step in questioning the sufficiency of the surety behind Trump's $175 million bond. This move comes after #KnightSpecialtyInsuranceCompany (KSIC), the entity that posted the #bond for #Trump, faced scrutiny over its financial standing and regulatory compliance following the rejection of the bond by the Court on Wednesday. #KSIC corrected and resubmitted the bond on Thursday, but glaring questions remain.
#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.
I think one of the first asset James seizes should be Trump's private planes.
Let him fly commercial to his campaign rallies. #LetitiaJames #trumpfraud