Judge Napolitano tells Newsmax: Trump needs approval to pay bond
Former Judge Andrew Napolitano told Newsmax on Monday that former President Donald Trump is unable to pay the full bond in his civil fraud judgment because he cannot sell or mortgage his assets without a judge’s permission.
Trump’s legal team stated in a court filing on Monday that he has not been able to post a bond for the entire $464 million civil fraud judgment in his New York case, preventing New York Attorney General Letitia James from collecting on the judgment while he appeals the verdict.
Napolitano explained on “Newsline” that Trump’s assets are monitored by retired federal judge Barbara Jones, making it difficult for him to sell, mortgage, or devalue his assets without her approval.
He continued by stating, “So the money is not going anywhere. It’s going to be there if and when the appeal is denied, and this time for the state to take its assets, that argument fell on deaf ears. So now he can file the appeal, but at the same time … the state will be seizing its assets.”
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Theodore Bunker ✉
Theodore Bunker, a Newsmax writer, has more than a decade covering news, media, and politics.
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