A review of the New York County Supreme Court docket on Wednesday shows that paperwork for former President Donald Trump‘s newly-secured bond of $175 million was temporarily rejected and “returned for correction.”
The cause for the rejection, according to the New York County Supreme Court website, is because the requisite paperwork lacked a current financial statement.
This was first noted by New York attorney Jeffrey Levine in a post on X, formerly Twitter.
It is also missing the name of his attorney-in-fact. Trump will have a chance to resubmit his request.
An attorney for the former president did not immediately respond to a request for comment to Law&Crime.
As Law&Crime previously reported, Trump secured a bond of $175 million thanks to Knight Insurance Company of California. Owner Don Hankey was effusive in his praise of Trump after the bond secured, calling himself a “supporter.” But Hankey was less clear about whether Trump used bonds as collateral for the final amount.
Hankey did not immediately return a request for comment.
Trump was fined $454 million for extensive civil fraud earlier this year after he and his co-defendants at the Trump Organization were found guilty of wildly inflating the valuations of their real estate in order to secure sweetheart deals with insurers and agreeable loan terms.
Trump had claimed for weeks that he was unable to secure bond on the full amount while also claiming he had plenty of collateral and wealth to back it up.
Historically, Trump has been notoriously closefisted when it comes to access to his financial records.
The post Rejected and ‘returned for correction’: Docs for Trump’s $175M bond get bounced first appeared on Law & Crime.
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Author: Brandi Buchman
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