New York attorney general disputes Trump's claim that he can't secure $464 million to post bond

A lawyer for New York Attorney General Letitia James on Wednesday disputed former President Donald Trump's claim that he can't secure more than $460 million needed to post bond and appeal the civil fraud ruling against him, writing in a filing that the court should deny Trump's 'extraordinary request' to appeal without posting the full amount.

'Fan questioned why prospective backers have refused to accept Trump real estate assets as collateral, and suggested it's because the properties have been fraudulently valued.'As far as the Court can infer, sureties may have refused to accept defendants' specific holdings as collateral because using Mr. Trump's real estate will generally need 'a property appraisal' and his holdings are not nearly as valuable as defendants claim,' Fan wrote.

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New York AG questions Trump cash reserves as $464 million judgment loomsDonald Trump's finances could be strained by his other legal battles, including an $83.3 million penalty for defaming E. Jean Carroll, AG Letitia James argued.
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Trump is unable to make $464 million bond in civil fraud case, lawyers sayThe former president's lawyers wrote in a court filing that “obtaining an appeal bond in the full amount” of the judgment “is not possible under the circumstances presented.”
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