Connect with us

Hi, what are you looking for?


What’s Next for Trump’s Civil Fraud Case: When Will He Pay the $175 Million Appeals Bond?

Trump says he will post $175 million (Credits: CNN)

In a recent legal development, Donald Trump received a financial reprieve from a New York appeals court. This court ruled that Trump must only secure a $175 million bond to pause the substantial $454 million judgment against him while he appeals.

The lawsuit, brought forward by New York Attorney General Letitia James, charges Trump and his company with inflating his wealth on financial statements to secure loans and insurance benefits. Contradicting these allegations, Trump argues that these documents understate his wealth.

The case resulted in a notable judgment by Judge Arthur Engoron, who ordered Trump to pay $355 million plus interest. Following this, Trump appealed, stating that the obligation to pay the total amount immediately would necessitate liquidating properties at potentially reduced prices.

Donald Trump: (Credits: Las Vegas Review)

The decision to lower the bond requirement offers Trump some breathing room. It allows him to contest the judgment without needing to dispose of his assets.

Trump faced challenges securing a bond for the total judgment amount, with underwriters requiring assets exceeding the judgment’s value. This highlights the complexity of financial guarantees in legal disputes. Trump voiced his intent on social media, underlining his unwillingness to sell assets and stressing the significance of the appeal.

Trump civil fraud case (Credits: The Guardian)

The legal battle underscores the interplay between law, finance, and personal assets. Trump’s ability to overcome these obstacles is pivotal as he seeks to reverse the judgment.

Trump’s involvement in Trump Media & Technology Group Corp. could enhance his financial prospects, potentially offering him further resources. This ongoing case impacts Trump’s finances and demonstrates the broader consequences of legal decisions on individual assets and business activities.

Click to comment
Notify of
Inline Feedbacks
View all comments

We’re dedicated to providing you the most authenticated news. We’re working to turn our passion for the political industry into a booming online news portal.

You May Also Like


Actress Emma D’Arcy is from the British rebellion. She has only appeared in a small number of movies and TV shows. It might be...


Jennifer Coolidge Is Pregnant: Jennifer Coolidge Audrey Coolidge is a comedian and actress from the United States. Many of her followers are wondering if...


Spoilers! The demon Akaza from Kimetsu no Yaiba dies in the eleventh arc of the manga and the one responsible for his death is...


The young YouTube star Emily Canham has recently been seen making headlines for her amazing work and her journey. She started from scratch and...