Donald Trump's $92M E. Jean Carroll Bond Raises Questions

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Donald Trump's $92M E. Jean Carroll Bond Raises Questions
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Trump's bond to appeal the E. Jean Carroll defamation judgment has been guaranteed by a subsidiary of Chubb Group LLC.

Donald Trump on Friday posted a $91.6 million bond as he appealed the verdict reached by a jury in January, which ordered the former president to pay writer E. Jean Carroll $83.3 million in compensation after he repeatedly defamed her.In 2023, a separate court concluded that Trump had sexually abused Carroll during the 1990s, then defamed her when she spoke out; the court instructed him to pay $5 million in damages.The $91.6 million bond consisted of the $83.

And the public has no idea who may have actually put up the money or provided a guaranty to support the bond. But one thing's sure: Trump is beholden to someone for a lot of money.'The $400 million reference relates to the $355 million Trump was ordered to pay in February by New York Judge Arthur Engoron, who concluded he committed fraud by deliberately overvaluing a number of his assets. With interest, the full payment is expected to be around $454 million.

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