Trump posts US$175m bond in civil fraud case, averting asset seizures

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Trump posts US$175m bond in civil fraud case, averting asset seizures
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NEW YORK, April 2 — Donald Trump posted a US$175 million bond in his New York civil fraud case yesterday, averting asset seizures by state authorities that could have hobbled the...

Donald Trump posted a US$175 million bond in his New York civil fraud case yesterday, averting asset seizures by state authorities that could have hobbled the former US president’s business empire. — Reuters picNEW YORK, April 2 — Donald Trump posted a US$175 million bond in his New York civil fraud case yesterday, averting asset seizures by state authorities that could have hobbled the former US president’s business empire.

Trump originally needed to post a bond for US$454 million, but an appeals court on March 25 stayed enforcement of Justice Arthur Engoron’s judgement on condition that Trump pay the smaller sum within 10 days. Trump has denied wrongdoing and said the case is a political witch hunt by James, a Democrat who sued him in 2022.

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