More information about what is appearing to be an attempt to deceive the courts regarding Trumps bond money. Recently we talked how Knight Insurance may not even have enough cash to cover the bond, or that their financials were not even audited, or how they were not licensed in NY, or if their parent company would cover the bond if they fell short. The Daily Beast is reporting that the parent company is based out of the Cayman Islands which may make it impossible for Letitia James to collect the bond if necessary. There is a huge risk that the bond may not be able to be retrieved when called in. Tom Gober who is a forensic accountant says “The Caymans are widely recognized as a ‘secrecy jurisdiction.’ If you called the regulator in the Caymans and asked, ‘Can you tell me if Knight reinsurance has enough to cover these claims?’ Their laws require total confidentiality. Why?” he asked. “In my professional opinion, all you really have to know is that you don’t know. It’s not transparent and it ought to be. They have less regulation and zero transparency. That’s all I need to know,” he said. Knight Insurance has moved over 300 million dollars to the parent company and it appears they are playing a shell game. These companies are not even regulated by the National Association of Insurance Commissioners. This whole thing stinks to high heaven. I’m wondering if Trump even put up his security. I’m betting he did not. This hearing on the 22nd needs to put Mr. Hankey’s feet to the fire because this is beginning to look like more fraud. salon.com/2024/04/12/pro… thedailybeast.com/trump-bonds-ca…
@PrezLives2022 Doesn’t he also have a deposition for another legal issue on Monday? I can’t remember what it was for!
@PrezLives2022 So he submits a bogus bond and gets until the week after next before a hearing is scheduled. Then they will probably give him more time to get a legitimate bond. Why, when he deliberately deceived the court?? Take his shit already!!!
@PrezLives2022 Ooooo could this land Mr. Hankey in jail by any chance? 😀
@PrezLives2022 Wouldn’t that be committing a crime while out on bail? That’s the top condition of his bond. Just stop criming. But he can’t stop. It’s who he is and how he lived his entire life. He’s even made the case that you can’t be a president without full immunity. 😆
@PrezLives2022 I hope folks end up in jail over this!!!!