Trump family faces unprecedented legal challenge as former President ordered to pay $454 million bond in civil fraud case

Insurance companies scoffed at the request for a $454 million bond for Trump: Eric Trump.

In a statement to Fox News, Eric Trump expressed frustration at the $454 million bond that his father, former President Donald Trump, must pay by Monday to avoid having his assets seized in a civil fraud case. The bond is unprecedented and insurers were laughing at the request due to its enormity.

Eric Trump emphasized that such a large bond is not even available in the United States. The former President is currently appealing the civil fraud verdict, which found him liable for $355 million plus interest. Despite attempts to delay the penalty, a judge rejected the motion in February.

Donald Trump believes that the case is politically motivated and echoes his son’s sentiment. Eric Trump described the situation as “lawfare” designed to stop Donald Trump from financing his election campaign. He emphasized the rarity of such a large bond in the US, with even a $10 million bond being considered substantial. The Trump family is now facing the challenge of raising a sum that Eric Trump deems “not physically possible.”

In a statement to Fox News, Eric Trump expressed frustration at the $454 million bond that his father, former President Donald Trump, must pay by Monday to avoid having his assets seized in a civil fraud case. The bond is unprecedented and insurers were laughing at the request due to its enormity. Eric Trump emphasized…

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