Breaking News: Trump Family Faces Financial Ruin Following $355 Million Civil Fraud Verdict

Insurance companies scoffed at the request for a $454 million bond for Trump: Eric Trump.

The Trump family is currently facing a significant financial challenge after former President Donald Trump was found liable for $355 million in a civil fraud case. Eric Trump, the former President’s son, has claimed that insurance companies were not willing to provide the $454 million bond needed to cover his father’s penalty.

In an interview with Fox News, Eric Trump expressed frustration at the exorbitant sum and explained that such a large bond is not even available in the United States. 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 to be an unfair judge.

Despite attempts to delay the penalty, a judge rejected the motion in February. Donald Trump, who recently secured the Republican nomination for president, believes that the case is politically motivated, a sentiment echoed by Eric Trump.

The situation has been described as “lawfare” designed to stop Donald Trump from financing his election campaign. The Trump family is now facing the challenge of raising a sum that Eric Trump deems “not physically possible.”

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