Donald Trump posts $175 million bond in New York civil fraud case

Last Monday, a panel of judges from New York's Appellate Division granted the former president, his adult sons, and two former Trump Organization executives a 10-day stay of the $464 million judgment in their civil fraud case and permitted them toTrump's lawyers had argued that the former president lacked the cash to secure a bond for the full judgment after being rejected by more than 30 bond companies.

In February, following a three-month trial, Judge Arthur Engoron fined Trump and his co-defendants after finding they had engaged in a decade of business fraud by falsely inflating the former president's net worth to get better loans and business deals.Trump has denied all wrongdoing and his lawyers have appealed the ruling in the case, arguing that the disgorgement amount was unconstitutional, disproportionate, and flawed.

"There is no evidence, and no finding by Supreme Court, that the relevant lenders and insurers would not have given Defendants loans and policies on the same terms in the absence of the supposed 'misrepresentations,'" defense lawyers said in a March filing.

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Donald Trump posts $175 million in civil fraud caseDonald Trump has posted a $175 million bond in his New York civil fraud case, halting collection of the more than $454 million he owes and preventing the state from seizing his assets to satisfy the debt while he appeals. That's according to a court filing made public Monday.
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Trump civil fraud judgement delayed, reduced to $175 million by appeals courtA New York appeals court reduced former President Donald Trump's civil fraud judgment to $175 million and granted a ten-day delay to pay the reduced bond.
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