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The Guardian - US
The Guardian - US
World
Edward Helmore

‘No one’s ever seen a bond this size’: Eric Trump criticises $454m judgment against his father

Man in suit
Eric Trump attends a Super Tuesday election night party before his father speaks on 5 March at Mar-a-Lago in Palm Beach, Florida. Photograph: Rebecca Blackwell/AP

Eric Trump has come out railing against the $454m fraudulent property valuations judgment against his father Donald Trump, saying bonds the size of the half-a-billion dollar one the former president is being required to put up “don’t exist in this country”.

As a court-imposed deadline ticks down on the former president’s family and their businesses to come up with almost half-a-billion dollars, the 40-year-old executive vice-president of the Trump Organization told Fox News on Sunday that bond issuers laughed when he approached them for that sum.

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