Monday, April 29, 2024

Trump Unable To Make $464 Million Bond: ‘Insurmountable Difficulties’

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Former President may be in trouble.

Attorneys for the Republican nominee for president told a appeals court that they haven't found an insurance company to underwrite his bond to cover the $464 million civil fraud judgment against him.

According to his legal representatives, Trump asked 30 underwriters to put up his massive bond payment – but couldn't find one.

The 45th president's legal team is seeking a stay of execution on the $464 million judgment, telling the court in writing that “Posting a Full Undertaking Is a Practical Impossibility.”

This is a story. Please check back for updates.

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Patrick Houck
Patrick Houck
Patrick Houck is an avid political enthusiast based out of the Washington, D.C. metro area. His expertise is in campaigns and the use of targeted messaging to persuade voters. When not combing through the latest news, you can find him enjoying the company of family and friends or pursuing his love of photography.

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