New information shows that the insurance company that swooped in and bailed out Trump with a $175 million bond isn’t on a list of vetted companies—and wrote a bizarre contract.
  • vegeta@lemmy.world
    2·
    7 months ago

    Knight Specialty Insurance Company doesn’t actually promise it will pay the money if the former president loses his $464 million bank fraud case on appeal. Instead, it says Trump will pay, negating the whole point of an insurance company guarantee

    I sure hope there are sanctions for this.

    • empireOfLove2@lemmy.dbzer0.com
      1·
      7 months ago

      Ideally those sanctions will be called “federal prison” but we all know that will never happen in the intentionally broken system.

      • Dkarma@lemmy.world
        1·
        7 months ago

        The sanctions are called Letitia james gets to take trumps properties and sell them for rock bottom prices until this is paid.