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    Home»Court Battles

    Eric Trump expressed surprise at the size of his father's $400 million bond, stating that it was unprecedented

    By John ArcadipaneMarch 24, 2024 Court Battles 2 Mins Read
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    Eric Trump lamented the $454 million imposed on his father, former President Donald Trump, to cover a civil fraud verdict.

    “No one has ever witnessed a bond of this magnitude,” he informed the Fox News host. Maria Bartiromo during a Sunday interview.  “Every single person, when I came to them saying ‘hey, can I get a half-billion-dollar bond?’ They were laughing. Top executives of large insurance companies had never seen anything of this size.

    Bartiromo asked Trump about how the court determined the $454 million his father had to pay.

    “You know what it was, it was a crooked number. There are no victims; there is no number. The number should be zero,” he said. “My father has run a great company. I run a great company. We’ve never had a default. We’ve never missed a payment.

    Trump continued denouncing the legal proceedings and made various statements about his father’s contributions to New York City.

    “I’m a guy who grew up in New York; my father built the skyline of New York… They're attempting to put my father out of business or attempting to seize all his resources that he would otherwise put into his own campaign for presidency,” Trump said.

    Trump said it was not “physically” feasible for his father to post a half-million-dollar bond.

    “It’s going to backfire because he’s going to win this in November, and everybody in this country universally knows exactly what these people are doing,” Trump told Bartiromo.

    2024 Presidential Election Eric Trump New York civil fraud trial Trump bond
    John Arcadipane

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