Donald Trump Forced to Reveal His Finances to Save His Properties

[BumRushDaShow]

Source: Newsweek

Published Apr 03, 2024 at 2:45 PM EDT | Updated Apr 03, 2024 at 4:03 PM EDT


Documents for Donald Trump's $175 million bond in his New York civil fraud case were rejected by a court because a current financial statement was not included.

On Wednesday, a message on the New York State Supreme Court's electronic filing system showed Trump's "Bond/Undertaking" had been "returned for correction."

New York State Supreme Court Justice Arthur Engoron ruled in February against Trump; his two eldest sons, Donald Trump Jr. and Eric Trump; and others associated with the Trump Organization. They were accused in a lawsuit from New York Attorney General Letitia James of inflating the former president's net worth and the value of his properties to obtain better loan and insurance terms. Trump has denied all accusations.

On Monday, Trump posted a $175 million bond in the case, ensuring that James does not seize any of his assets or bank accounts during his appeal. Newsweek reached out to Trump representative Steven Cheung by email for comment about the documents rejection.

Read more: https://www.newsweek.com/donald-trump-forced-reveal-his-finances-save-his-properties-1886609

[C_U_L8R]

1. Take a building, that will get their attention

it seems Trump needs a little more 'motivation' to get with program.

[moniss]

2. I love the message at the end of the rejection

telling him to "have a great day".

[Tree Lady]

15. That was my fav part

you could tell they are loving messing with him after all he has done.

[Kennah]

17. And polite. Said thank you.

[Raven123]

3. I might have missed it. When is the deadline for the correction?

[Sugarmaggie]

4. Just watched Meidas Touch

They stated it was the bonding company financials they needed not Trumps. Hankey (bond company) has to show they have the money to cover bond.

[HighFired49]

7. That's what I thought too

Newsweek really messed up that story, both in the title and the text.

[Mr.Bill]

14. I saw that, too. n/t

[OAITW r.2.0]

5. Which sets of numbers should Trump file?

The ones that he claims or the actual, less the $564MM dollars he will eventually owe?

[WestMichRad]

6. Would you really trust him to file accurate numbers?

Hell no!!

[ZonkerHarris]

8. Can Trump ever find a good lawyer? I mean really, the incompetence is astounding.

[PatSeg]

9. What competent lawyer wants to work for him?

Sounds like a career ender to me.

[ZonkerHarris]

16. True dat

[PatSeg]

10. What competent lawyer wants to work for him?

Sounds like a career ender to me.

[et tu]

11. you get what

you pay for lol- and he doesn't pay his lawyers~

[lastlib]

13. And now he's paying for what he got...... n/t

[lastlib]

12. You either give up your career or your sanity or your "manhood"*.......

(*That isn't meant to be as sexist as it sounds..... )

[Kennah]

18. The phrase "good lawyer" reminds me of a scene from Butch Cassidy and the Sundance Kid

Butch Cassidy: Who's the best lawman?
Sundance Kid: The best, how? You mean toughest? Or easiest to bribe?

[ZonkerHarris]

21. hahahaha

[Old Crank]

19. Make him count it out in hundreds

He can stand in an office and just keep counting until he gets to the total.

[Snoopy 7]

20. Oh wait

did we all see that this fake billionare(?) ask real billionaires for money to make bale (HAHAHHAHA). trump the fraud is not only being helped by the billionaires that want more tax breaks he is also being helped by the billionare corporate media owners. They use fake/rigged polls, don't cover stories where trump looks bad, exazerates when trump looks like he is doing something right, uses the "both side do it" BS, I could keep going but I won't...

[republianmushroom]

22. Suck it up, donald, I don't think you lie about this.

[onenote]

23. Newsweek got this very wrong. Not surprised.

Trump isn't required to reveal his finances in connection with obtaining an appeal bond in the fraud case. The Surety is the one that needed to file a financial statement.

Newsweek is in hot competition with RawStory for posting inaccurate information.