Eric Trump claimed on Sunday that insurance companies found it amusing when his father, former President Donald Trump, requested a bond of half a billion dollars during an appearance on Sunday Morning Futures with Maria Bartiromo.
Following a ruling in his civil fraud case brought by Democratic Attorney General Letitia James, the former president was instructed to pay the State of New York a sum of $454 million. However, he was unable to fulfill this obligation as he was unable to secure the necessary bond. Eric Trump informed Fox News host Maria Bartiromo that the requested amount was “not available in the United States” after being rejected by multiple insurance companies.
“You know what, it was a crooked number,” Eric Trump said. “There are no victims. There is no number. The number should be zero. My father’s run a great company. I run a great company. We’ve never had a default. We’ve never missed a payment. We’ve never been in a breach of covenant.”
Eric Trump stated that the appeal of the verdict has already been won by Trump. He was referring to Judge Anil Singh’s decision, which grants the former president the permission to pursue loans in order to secure the necessary funds for his bond payment.
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