"New York Attorney General Investigates Trump's $175 Million Bond Deal"

1 min read
Source: NBC News
"New York Attorney General Investigates Trump's $175 Million Bond Deal"
Photo: NBC News
TL;DR

New York Attorney General Letitia James seeks more information about former President Donald Trump's bond for the civil fraud case, issued by Knight Specialty Insurance Company, as KSIC is not admitted in New York. James requests Trump's team or KSIC to justify the surety bond or provide further information about collateral within 10 days. The $175 million bond was fully collateralized by cash from Trump’s company, and a bond hearing for the civil fraud trial is scheduled for April 22.

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