Donald Trump hit back Monday night after his lawyers revealed he couldn't pay his $464 million fraud trial bond.
In a post to Truth Social, he claimed that it wasn't that he couldn't find a company willing to underwrite a bond of that amount of money — it's that no company possibly could.
His lawyers told the court earlier that day that they had approached 30 underwriters to back the bond, which he needs to pay by the end of the month. And none of them were willing to do so, claiming that property he was offering as collateral wasn't sufficient.
But Trump took to his social media site and claimed that it wasn't that the companies didn't want to offer him the cash.
"The Bonding Companies have never heard of such a bond, of this size, before, nor do they have the ability to post such a bond, even if they wanted to," he wrote.
Trump was hit with the massive amount of damages — which is growing daily because of interest — after a judge found him liable for fraud for inflating the value of his properties in order to secure favorable loans and interest rates.
He intends to appeal the ruling.
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In his post, Trump went on to laud his company and repeat his frequently made claims that trials against him were political and that the prosecutor and judge in the case were biased against him.
"I built a Magnificent Business, which helped rebuild New York City and State, with Amazing, Unparalleled, Historic Properties and tons of CASH, which Crooked Joe Biden and his Maniac Persecutors are trying to wrongfully and illegally take from me," he wrote.
"A bond of the size set by the Democrat Club-controlled Judge, in Corrupt, Racist Letitia James’ unlawful Witch Hunt, is unConstitutional, un-American, unprecedented, and practically impossible for ANY Company, including one as successful as mine.
