Former president Donald Trump. In the New York civil case, he was found liable for fraudulently inflating his net worth by billions of dollars to secure better loan and insurance terms. Photograph: Mary Altaffer/APwon a bid to pause his $454 million civil fraud judgment if he posts a $175 million bond within 10 days, a victory for the former US president that blocks New York state authorities from beginning to seize his assets as soon as Monday.
Before the pause was granted, Mr Trump had until Monday to pay before Ms James could have asked a court to start seizing his assets to satisfy the judgment, including prized real estate holdings such as 40 Wall Street in Manhattan. In the New York civil case, Mr Trump was found liable for fraudulently inflating his net worth by billions of dollars to secure better loan and insurance terms. He has said the case is a political vendetta by Ms James, a Democrat who filed the civil suit in 2022.
Mr Trump in another case on March 8th posted a $91.6 million bond to cover an $83.3 million defamation verdict for writer E Jean Carroll, who said he defamed her by branding her a liar after she accused him of raping her decades ago. Mr Trump has denied wrongdoing and is appealing.