Trump fumes over 'unconstitutional' bond in civil fraud case
Trump has until next week to post the bond in full or face James's prospective seizure of his assets.
Former President Donald Trump is livid over the size of a $454 million court-set bond for him to appeal a civil fraud verdict in New York Attorney General Letitia James's case against him.
Judge Arthur Engoron in February imposed the penalty in February, following a contentious trial that saw Trump frequently feud with the judge. The former president has sought to appeal the decision and previously proposed to pay a $100 million appeal bond, though the judge denied that proposal. Trump's attorneys on Tuesday indicated that they had been unable to secure a bond for the full amount.
"I built a Magnificent Business, which helped rebuild New York City and State, with Amazing, Unparalleled, Historic Properties and tons of CASH, which Crooked Joe Biden and his Maniac Persecutors are trying to wrongfully and illegally take from me," Trump posted on Truth Social. "A bond of the size set by the Democrat Club-controlled Judge, in Corrupt, Racist Letitia James’ unlawful Witch Hunt, is unConstitutional, un-American, unprecedented, and practically impossible for ANY Company, including one as successful as mine."
"The Bonding Companies have never heard of such a bond, of this size, before, nor do they have the ability to post such a bond, even if they wanted to," he continued.
Earlier in the day, Trump said he would be forced to mortgage or even sell assets to get the money for the bond.
Trump has until next week to post the bond in full or face James's prospective seizure of his assets. The New York attorney general has previously indicated that she was interested in Trump's New York properties, saying in February that "I look at 40 Wall Street each and every day."
Ben Whedon is an editor and reporter for Just the News. Follow him on X, formerly Twitter.