In a recent outburst, former President Donald Trump has vehemently criticized Manhattan Supreme Court Justice Arthur Engoron, whom he referred to as a “corrupt puppet” under the influence of New York Attorney General Letitia James. Trump’s ire was drawn by the judge’s order that he post a $454 million bond by an upcoming Monday deadline, a sum Trump has declared “practically impossible” to pay.
The bond requirement stems from allegations that Trump, now 77, inflated his net worth on financial statements to secure favorable loan and insurance terms. This is part of an ongoing civil fraud case against him, which has seen a flurry of activity and legal maneuvering in recent months.
Trump’s response came through a series of early morning posts on Truth Social, where he expressed his concern over the potential consequences of not meeting the deadline, including the seizure of his properties. His legal team has already taken steps to challenge the bond amount, arguing that Trump faces “insurmountable difficulties” in securing the funds, despite having approached nearly 30 firms.
The former president’s attorneys have contended that liquidating his assets in a “fire sale” to meet the bond would be unjust, especially if he were to win on appeal and attempt to repurchase them at market value. Trump himself has echoed these sentiments, framing the situation as a “WITCH HUNT” and “ELECTION INTERFERENCE.”
The Republican National Committee has distanced itself from the financial aspects of the case, denying any involvement in fundraising for the bond. Trump has also taken issue with Engoron’s valuation of his Mar-a-Lago property, which he claims is undervalued at $18 million, and has criticized the judge for not allowing an appeal on this valuation before the bond posting.
Trump’s campaign has not confirmed whether he will pay the bond but has issued a statement through spokesman Steven Cheung, condemning the order as undermining the rule of law in New York and describing it as part of a political witch hunt.
This legal battle is just one of the many challenges Trump faces, as he remains a central figure in American politics and continues to hint at another presidential run. His legal team’s efforts to navigate this complex situation reflect the high stakes involved, not just for Trump personally, but for the broader political landscape as well.
All eyes are on Trump and his legal team to see how they will respond to this latest hurdle as the deadline approaches. The outcome of this case could have significant implications for Trump’s financial stability and his political future, making it a critical moment in the ongoing saga of the former president’s legal entanglements.
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Trump rages at ‘corrupt puppet’ judge ordering him to pay ‘practically impossible’ $454M bond by Monday
Trump Rages At ‘Corrupt Puppet’ Judge Ordering Him To Pay ‘Practically Impossible’ $454M Bond By Monday
