Donald Trump pays $175m bond to avert seizure of assets

Apr2,2024



Donald Trump Fulfilled its pledge to raise a huge amount of $ 175 million bond civil fraud verdict He put it on hold while he appealed, assuring that New York State would not begin seizing the former president's assets, at least for now.
The bond, posted Monday in a Manhattan appeals court, seeks to enforce a $454 million fine imposed against the real estate mogul by a judge in February for lying about his assets for years to get better loan terms. Prevents from.
Trump, who is campaigning to return to the White House in the November election, will still have to pay the full amount if his appeal fails. The bond was arranged by a Los Angeles-based auto insurance company owned by a Trump supporter.



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