Donald Trump’s son, Eric Trump, recently spoke about a surprising situation he had with insurance companies. Before a deadline for former President Donald Trump to get a $454 million bond for his fraud case in New York, his son, Eric Trump, said they asked lenders for help. However, everyone ignored them.
He even said they were laughed at, which means they weren’t taken seriously. This shows they are having difficulty getting financial support for their legal problems. By March 25, Trump had two options for his New York fraud case. He had to either pay the $454 million he owed or put up a bond if he wanted to challenge the decision.
If he doesn’t do either, Attorney General Letitia James is ready to take his assets to ensure he pays in some form. During an interview with Maria Bartiromo on Fox News on Sunday, Eric Trump expressed anger about the large sum of money his father was ordered to pay. His father had been found liable in the New York civil fraud trial.
“A $10 million bond is a large bond. A $15 million bond is an enormous bond. A half-a-billion dollar bond?” he said regarding the bond. The amount represented the $355 million that Donald Trump was fined to pay, along with interest, while he contested the verdict. Eric Trump, who was also found liable, said that the bond required was so high that it was not even available for purchase in the United States.
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“No one’s ever seen a bond this size,” he said. “Every single person when I came to them saying, ‘Hey, can I get a half-billion-dollar bond?’ Maria, they were laughing. They were laughing. Top executives of the largest surety companies had never seen anything of this size,” he told Maria while explaining how insurance companies reacted when he asked them for a half-billion-dollar bond.
He added, “They want to hurt my father, who’s winning the presidential race right now.” As soon as a clip from Eric Trump’s interview spread widely on social media platforms like X, people began to mock him. One person commented, “They wouldn’t have laughed at real billionaires.” This implied skepticism about the Trump family’s wealth and influence.
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“Guess what Eric? We’re laughing too!” another wrote. Another X user reacted by saying, “This is what happens when you stiff everyone that you do business with” A third one said, “Eric, we have all been laughing for a VERY long time!” another mocked Trump’s son saying, “Save my inheritance!” Eric Trump”.
“I’m laughing too no one will give you that money dude,” one more chimed in. Donald Trump recently shared on Truth Social that he has approximately $500 million in cash. “That doesn’t mean I’m going to give money to a rogue and incompetent judge,” he told Fox News Digital.
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Trump, who recently secured the Republican nomination for president, has contended that the case against him is politically motivated. His sentiment was supported by his son Eric. “This is ‘lawfare,'” Eric Trump said to Maria Bartiromo. He suggested that the demanded amount was deliberately set to hinder his father from financing his political campaign.
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