New York AG pushes back on Trump's 'extraordinary' request to stay $464M fraud judgment
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Trump's lawyers argued that the former president is unable to secure a bond for the judgment.

KEY POINTS

  • Donald Trump should have pledged real estate to the courts if he were “truly unable” to secure a bond, the New York attorney general’s office said.
  • Instead, Trump claimed it was “impossible” for him to get a bond using his properties, but did not provide any hard evidence for this, the AG’s office said.

Donald Trump should have pledged real estate he owns as collateral against a $464 million business fraud judgment if he were “truly unable” to secure an appeal bond for that amount, the New York attorney general’s office said in a court filing Wednesday.

Trump also failed to provide evidence supporting his claim this week that it was “impossible” to obtain an appeal bond by using the properties as collateral, a lawyer for AG Letitia James wrote.

“Defendants supply no documentary evidence that demonstrates precisely what real property they offered” to potential insurers," wrote Dennis Fan, senior solicitor general in the AG’s office, in the filing to Manhattan appeals court judges.

Nor did they report “on what terms that property was offered, or precisely why” bond insurers “were unwilling to accept the assets.”

    • girlfreddy
      2·
      9 months ago

      That’s fair … except this which doesn’t implicate orange man directly, but it sure does indirectly.

      The (White House medical) unit spent $46,500 from 2017-2019 on 8,900 unit doses of Ambien, a brand name sleeping medication, which was 174 times more than the $270 the generic equivalent would have cost for the same amount of doses. It spent $98,000 on 4,180 unit doses of Provigil, a brand name stimulant, 55 times more than the $1,800 the generic equivalent would have cost, the report found.

      Both drugs were disbursed without verifying patient identities. Opioids and sleeping medications were not properly accounted for and were tracked using error-filled or unreadable handwritten records, the report said.

      The report presents the findings of the Pentagon’s Office of the Inspector General, which investigated the unit from September 2019 through February 2020 after receiving a complaint in 2018. It spans 2009 to 2018 and thus covers the presidential administrations of both Barack Obama and Donald Trump, but most of its findings focus on 2017-2019 when Trump was president.