Fraud

New York Lawyers Demand Transparency of $175 Million Bond Posted by Donald Trump in Civil Fraud Case

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NEW YORK (AP) — The office of New York State Attorney General Letitia James has requested more information regarding the $175 million bond posted by former President Donald Trump to prevent the collection of a civil fraud judgement against him. In court papers filed on Thursday, state lawyers gave Trump’s legal team or the bond underwriter 10 days to provide justification for the bond’s validity, potentially including details about the collateral provided by Trump. A hearing has been scheduled for April 22. Trump’s lawyer, Christopher Kise, accused James of initiating a “baseless public quarrel” in … Read more

Epiq Unveils Advanced Technology to Safeguard Class Action Claims from Fraud

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NEW YORK (AP) — In anticipation of new digitization trends, Epiq, a global technology-enabled leader in the legal industry and corporations, has announced additional technology enhancements. These advancements aim to protect the integrity of class action claims by ensuring that valid claims are honored and fraudulent claims are stopped. Epiq’s proven anti-fraud process, EpiqShield™, combines technologies, people, and protocols to safeguard settlements from evolving threats. “Bad actors have increased their digital assaults on the class action claims process in recent years,” said Loree Kovach, Epiq’s Senior Vice President of Strategy and Client Technology. Kovach works … Read more

Trump Secures 10-Day Extension in Hush Money Case as Appeals Court Slashes Fraud Trial Bond

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NEW YORK (AP) — Former President Donald Trump has been granted a 10-day extension to secure a portion of the $464 million bond he has been ordered to post in his New York civil fraud case. The appeals court ruling comes as the Republican presidential candidate has faced difficulty in paying the full amount by the original deadline. Despite claiming to be worth billions of dollars, with much of his wealth tied to the Trump Organization and his real estate holdings, Trump has struggled to come up with the money. The original judgment against Trump … Read more

Latest Developments in Trump’s Civil Fraud Case and Hush Money Trial Revealed

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NEW YORK, New York – Former President Donald Trump faced significant developments in two major legal cases on Monday. These cases involve a civil fraud trial and a criminal hush money trial. Let’s take a closer look at each case to understand the latest developments. In the hush money case, Trump is accused of falsifying business records related to reimbursements made to his former lawyer, Michael Cohen. These payments were allegedly used to cover up an alleged affair with adult film star Stormy Daniels prior to the 2016 election. The former president has pleaded not … Read more