Sunday, May 26th

Last update07:47:58 AM GMT

You are here News Politics Donald Trump must post $175 million to shield assets during civil fraud appeal, court says

Donald Trump must post $175 million to shield assets during civil fraud appeal, court says

E-mail Print PDF
Trump at hearing

Former President Donald Trump and his co-defendants need to post only a $175 million bond or deposit to shield their assets as they appeal their real estate fraud trial loss, an appeals court ruled Monday.

The ruling helps Trump as he has scrambled to come up with the cash before New York Attorney General Letitia James could start going after his assets. The appeals court said in the ruling the defendants have 10 days to post the bond or deposit. The presumptive Republican presidential nominee has been struggling under the weight of not just the $454 million civil fraud judgment, but also an $83.3 million defamation trial loss to advice columnist E. Jean Carroll.

"We will abide by the decision of the Appellate Division, and post either a bond, equivalent securities, or cash," Trump posted on Truth Social soon after the ruling. He also attacked the the $454 million judgment.


Most Recent Related Stories...

Trump lawyers seek to block US release of biopic The Apprentice

Biopic of The Apprentice shown at Cannes Lawyers for Donald Trump have sent a cease-and-desist letter to the producers of The Apprentice in...

Harvard student speaker denounces university over Gaza protest response

Shruthi Kumar A graduating Harvard University student went off script and upbraided Harvard over the university’s treatment of...

Police arrest man suspected of assaulting pro-Palestinian demonstrators at UCLA

Edan OmPolice have arrested a man suspected of assaulting pro-Palestinian demonstrators in a violent attack at the...

Trump trial updates: Appeals court denies defense's bid for judge's recusal

Juan MerchanNew York's Appellate Division has upheld Judge Juan Merchan's decision not to recuse himself from former...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!