Trump bond lowered to $175 million as he appeals civil fraud judgment in New York | CNN Politics
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A New York appeals court has given Donald Trump 10 more days to post his bond as he appeals the civil fraud judgment against him and cut the amount necessary to $175 million

A New York appeals court has given Donald Trump 10 more days to post his bond as he appeals the civil fraud judgment against him and cut the amount necessary to $175 million.

It’s a major lifeline for the former president, who, along with his adult sons and his company, were fined more than $464 million, including interest, after Judge Arthur Engoron found Trump and his co-defendants fraudulently inflated the value of his assets.

The ruling staves off the prospect, for now, of New York Attorney General Letitia James seeking to seize the former president’s property to enforce the judgment against him. Trump had been struggling to come up with the means to post a bond of more than $500 million, the total that he would have needed before Monday’s appellate decision.

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The ruling stated that the $175 million bond will be in place until at least September, meaning James won’t be able to seek to enforce the judgment against Trump until then.

  • GlendatheGayWitch@lemmy.world
    31·
    3 months ago

    Great, with that timing, should Letitia James go after his properties in Seotember, that will only help him drive supporters to the ballot box with the election so soon after.

    • jmanes@lemmy.worldEnglish
      22·
      3 months ago

      His supporters would end up at the ballot box either way. They are dedicated to the brand.

      • GlendatheGayWitch@lemmy.world
        1·
        3 months ago

        The major supporters sure, but that timing could help push people that are still on the fence towards Trump.

        Republicans as a whole are better at going to vote than Democrats are, especially so in red states. We don’t need more events scheduled to further rally and anger the right a few weeks before the election. There was already too much violence after the 2020 election.