On Sunday, Eric Trump shared more on his father’s efforts to secure a bond for the $454 million penalty imposed on him in his New York civil fraud trial.
The younger Trump shared with Fox News that while trying to find an insurance company to cover the bond, his family was laughed at because the amount was so large.
“No one’s ever seen a bond this size,” he said on Sunday. “Every single person, when I came to them saying, ‘Hey, can I get a half-billion-dollar bond?’ They were laughing. Top executives of large insurance companies had never seen anything of this size.”
Trump was asked about how the court ended up on the nearly half billion dollar amount, but he said it was an attack on his father.
“You know what it was? It was a crooked number. There are no victims; there is no number. The number should be zero,” he said. “My father has run a great company. I run a great company. We’ve never had a default. We’ve never missed a payment.”
Trump then said that he has grown up in New York City and that his father has become synonymous with the city and its iconic skyline.
“I’m a guy who grew up in New York; my father built the skyline of New York … They’re trying to put my father out of business or trying to take all his resources that you’d otherwise put into his own campaign for presidency,” Trump said.
While the deadline for former President Donald Trump to post the bond is Monday, his son echoed what his legal team said last week, saying it’s “physically” impossible for him to come up with the money.
The former president said on social media last week that he would have to have a “firesale” to come up with the money.
However, the requests to reduce the amount have been turned down by the New York Attorney General’s Office, which has said it would seize Trump’s property if it was needed.
Despite this, the younger Trump shared on Sunday that the legal troubles facing his father, which he claimed were politically motivated, would come back to bite those behind them.
“It’s going to backfire because he’s going to win this in November, and everybody in this country universally knows exactly what these people are doing,” Trump said.