Eric Trump has expressed frustration with the $454 million bond that his father, former President Donald Trump, must pay by Monday to cover his penalty in a civil fraud case. The former President, who is currently appealing the verdict, believes that the case is politically motivated and echoes this sentiment.
In a statement to Fox News, Eric Trump explained that such a large bond is not available in the United States and that insurers were laughing at the request due to its enormity. He also mentioned that his father posted on Truth Social last week stating that he has around $500 million in cash but doesn’t intend to give money to what he considers an unfair judge.
Despite attempts to delay the penalty, a judge rejected the motion in February. The former President recently secured the Republican nomination for president and believes that this case is part of an effort to stop him from financing his election campaign.
The Trump family is now facing the challenge of raising a sum that Eric Trump deems “not physically possible.” The former President’s civil fraud trial found him liable for $355 million plus interest and he must pay this amount by Monday or risk having his assets seized.
