Trump's $175 Million Bond Under Scrutiny Amid Legal Challenges

Questions arise over the legitimacy and financial backing of Trump's bond as legal experts and the New York Attorney General express concerns.

Donald Trump's $175 million bond, required for his civil fraud case, faces scrutiny from legal experts and the New York Attorney General due to concerns about its legitimacy and financial backing.
The bond is allegedly secured by a Charles Schwab account, but doubts persist about the sufficiency and legality of the backing by Knight Specialty Insurance Company (KSIC).
Legal analysts question the arrangement, suggesting potential conflicts in the bond's terms that could jeopardize its validity.
A hearing is scheduled to address the concerns about KSIC's qualifications and the financial security of the bond.
Trump's legal team asserts the bond is adequately secured, citing over $175 million in a Schwab account and backing from KSIC's parent company.