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Eric Trump brutally mocked as he says banks laughed at him over attempts to secure dad's $454mn bond

Ahead of Trump's Monday deadline to secure a $454mn bond in his New York fraud case, his son Eric Trump said that their appeal was ignored by every lender.

Updated on: Mar 24, 2024 11:37 pm IST
By Shweta Kukreti
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Ahead of former president Donald Trump's Monday deadline to secure a $454 million bond in his New York fraud case, his son Eric Trump said that their appeal was ignored by every lender, claiming that they have basically laughed at his face.

Eric Trump said top insurance executives laughed when he approached for $454 million in bond money for his father.(Getty Images via AFP)

On March 25, Trump will be directed to either pay the $454 million judgment in his New York fraud case or post bond if he intends to appeal the decision. If he failed to do so, Attorney General Letitia James is all set to confiscate his assets in order to ensure that he is compensated in some way.

In an interview with Fox News on Sunday, anchor Maria Bartiromo asked younger Trump to clarify how much the former president owes in bond payments to defend his New York fraud conviction.

“Maria, they were laughing. They were laughing. Top executives of the largest surety companies had never seen anything of this size. And what, they're going to start seizing assets if he can't put up something that's not available in the United States?” he said while elaborating how insurance companies reacted when he approached them for a half-billion-dollar bond.

As soon as a clip from Eric Trump's interview went viral on X (formerly Twitter), the netizens mocked him, with one stating, “they wouldn’t have laughed at real. Billionaires.”

“Guess what Eric? We’re laughing too!” another wrote.

“This is what happens when you stiff everyone that you do business with,” a second X user reacted.

While the third one said, “Eric, we have all been laughing for a VERY long time!” another mocked Trump's son saying, “Save my inheritance!” Eric Trump”.

“I'm laughing too no one will give you that money dude,” one more chimed in.

Also Read: Viral video shows Donald Trump calling Barack Obama founder of ISIS after Moscow attack, but here's the truth

Trump's legal team working hard to secure the bond

Trump's legal team has been working hard to secure the multimillion-dollar ahead of the deadline.

He personally owes more than $454 million as a result of Judge Arthur Engoron's February verdict in the civil fraud case.

When the money owed by his sons, Eric and Donald Jr., the Trump Organization, and interest accrued as of the date of the court's decision are included in, the total amount due rises to $463.9 million.

Assets such as buildings, residences, automobiles, helicopters, and his jet are at stake. According to experts, the main focus could be on his bank accounts as they will be easier to gain hold of, CNN reported.

 
ABOUT THE AUTHOR
Shweta Kukreti

Shweta Kukreti has over 8 years of experience in covering Indian and world politics. She joined the Hindustan Times in 2024 and is primarily assigned to the US desk. She currently works as Deputy Chief Content Producer and reports on a wide range of topics, including US politics, immigration issues (especially H-1B visa) and major global events. Shweta strongly emphasizes team operations, which encompasses monitoring news, delegating tasks, editing, developing comprehensive coverage strategies, and crafting engaging, and data-informed narratives. She received the Digi Star Award at the Hindustan Times within a year of joining for her broad coverage of US politics. In 2025, she earned both a promotion and a redesignation, a significant achievement recognising her contributions and the strong value she brings to the team. She has previously worked with the Indian Express, HTDS, ANI and Republic World. Seniors in all the media organisations recognised her work. Regarding education, she earned a BA (Hons.) in Political Science and a master's degree from Delhi University, and she pursued a PG Diploma in English Journalism from the Indian Institution of Mass Communication (IIMC). She also holds a diploma in Women's Empowerment and Development from IGNOU University and a French certification course from Alliance Française de Delhi. If not working, you can find her exploring the hills and engaging in adventurous activities in Rishikesh and Himachal Pradesh. She loves to play badminton, volleyball, and chess, and spend time with her friends and family. She also enjoys spiritual activities.

Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics along with Horoscope 2026.
Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics along with Horoscope 2026.
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