'Must have sold a ton of Bibles': Internet trolls Trump as he posts $175M bond in NY civil fraud case

NEW YORK CITY, NEW YORK: Former president Donald Trump posted the $175 million bond in the New York civil fraud case, enabling him to appeal the ruling and preventing NY AG Letitia James from seizing his assets, the New York Post reported.

As per a court filing on Monday, April 1, Los Angeles-based Knight Specialty Insurance Company covered the massive bond.

"As promised, President Trump has posted bond," the former president's lawyer, Alina Habba, said in a statement. "He looks forward to vindicating his rights on appeal and overturning this unjust verdict," she added.

Last week, Trump succeeded in lobbying the court to drastically lower the original $464 million bond to $175 million after he failed to secure the huge bond amount, and the court gave him ten days from March 25 to post it.

Donald Trump secures bond from supporter

The Knight Specialty Insurance Company that helped the GOP presumptive nominee is under the ownership of the privately-held Hankey Group.

Speaking to ABC News, its chairman, Don Hankey, revealed that he was a Trump supporter.

"This is what we do at Knight Insurance, and we're happy to be able to accommodate the ex-president in this situation, he said, before adding, "I'd say it's more of a business decision, but I happen to be a supporter also."

Hankey said that his company was in talks about covering the original $464 billion bond and underwrote it when the New York appellate court reduced it last week.

"It was a relatively low number, and Donald Trump put up all the collateral in cash," he stated.

The Trump supporter further said that the White House hopeful's bonds were "grade-A bonds, investment grade quality securities" and expressed his confidence that they "have very good collateral."

Donald Trump to appeal the verdict

As Donald Trump has posted the bond, he can appeal Judge Arthur Engoron's February verdict, which hit him with a nearly half-billion dollar penalty and ban from heading any company in the Empire State for three years.

The judge also penalized his sons, Donald Trump Jr and Eric Trump alone, with a two-year ban from heading any firms in New York.

Now Trump should file the appeal in due time at the the Appellate Division, First Department's September term.

New York AG James had initiated steps to seize his iconic properties, including the Trump National Golf Course in Briarcliff Manor and Seven Springs, a private estate in Bedford, in the event of his failure to post the bond by the March 25 deadline. With Trump posting the reduced bond, her efforts stand in vain.

Trump has frequently denied all allegations of illegally inflating the price of his properties to secure tax benefits as favorable insurance.

Internet mocks Donald Trump after he posts $175M bond

After days of anticipation, Donald Trump finally posted the bond, which led to netizens trolling him.

One social media user wrote, "He must have sold a ton of Bibles," referring to his newly launched Bible merch.

"Looks like he sold a lot of sneakers to the members of his cult," another user remarked, referring to his golden sneaker business.

One person added, "Lol. He had to post cash cause no one will do business with him."

"Please buy more bibles to help him out," one response read, while another user shared a GIF that read, "YOU'LL NEVER SEE IT AGAIN."

One person said, "Thanks King of Subprime Car Loans! Lol," while another remark read, "I wonder to whom he sold his soul...oh...wait...he doesn't have a soul."

"And interest continues to accrue at $100,000+ per day," another user mocked.

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.