“Shark Tank” star Kevin O’Leary has come out against the “outrageous” $454 million bond former President Donald Trump was ordered to pay in his New York civil fraud case.
During an interview on Fox News’ “Outnumbered,” O’Leary argued that the “extraordinary” penalty is “an attack on America.” He also addressed the news that Trump’s attorneys revealed in court that the ex-president hasn’t been able to secure the massive bond, which could lead to New York Attorney General Letitia James moving to seize some of Trump’s properties in the Big Apple.
“This is the United States of America under siege,” O’Leary said.
“You heard Eric lay out a fire sale. Essentially, former president President Trump sell has assets at a reduced cost. If he wins on the appeal because it’s easy to ask how that’s fair that he’s engaged in this fire sale. Not only that, Wall Street Journal editorial board says insurers may also fear miss James’ legal retribution. That is highly problematic. Anyone who does business in New York ought to worry about how miss James could likely twist of the screws on them,” O’Leary said.
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“Should be thinking about the policy being put in place