Trump faces assets seizure as $464m bond deadline looms

Credit: Sky News- Published on March 25, 2024
Donald Trump is running out of time to post a bond to cover a $464m (£367m) civil fraud ruling - or face the risk of New York state beginning to seize some of his assets.

Video credit: Wibbitz Top Stories
Published on March 25, 2024 -  01:31
Trump’s Civil Fraud Judgement Bond Is Reduced to $175 Million
Trump’s Civil Fraud Judgement Bond , Is Reduced to $175 Million. On March 25, a New York appeals court told Donald Trump that if he can pay $175 million within 10 days. collection of his $454 million civil fraud judgement will be paused, AP reports. . The payment would also stop the state from seizing any of Trump's assets during the appeals process. . A previous ruling that Trump and his sons, Eric and Donald Trump Jr., couldn't serve in corporate leadership for a number of years was also reversed. . The order, a significant victory for the former president, came just before Attorney General Letitia James was about to begin the process of collecting the judgement, AP reports. . The order, a significant victory for the former president, came just before Attorney General Letitia James was about to begin the process of collecting the judgement, AP reports. . The presumptive Republican presidential nominee praised the ruling and criticized Judge Arthur Engoron's initial ruling. What he’s done is such a disservice and should never be allowed to happen again, Donald Trump, via statement. So I greatly respect the decision of the Appellate Division, and I’ll post either $175 billion in cash or bonds for security or whatever is necessary, very quickly, within the 10 days. , Donald Trump, via statement. And I thank the Appellate Division for acting quickly, but Judge Engoron is a disgrace to this country, and this should not be allowed to happen, Donald Trump, via statement. However, James' office points out that the judgement still stands, even if collection is paused. . Donald Trump is still facing accountability for his staggering fraud, Letitia James' office, via statement

You are here


💡 newsR Knowledge: Other News Mentions

Donald Trump

President of the United States from 2017 to 2021
US President Joe Biden has delivered an election-year roasting of his rival Donald Trump, criticising his immaturity.
Credit: Sky News - Published 6 hours ago

Former world champion Judd Trump moves into the quarter-final of this year's competition as he finishes off a 13-7 win over Tom Ford.
Credit: BBC Sport - Published 23 hours ago



Related videos from verified sources

UNBELIEVABLE': Letitia James asks judge to void Trump's $175M bond 05:24
Credit: Rumble - Published 5 days ago 


JUDGE DENIES Letitia James' effort to reject Trump's $175M bond 13:39
Credit: Rumble - Published 6 days ago 


BIG WIN FOR TRUMP IN NEW YORK! | UNGOVERNED 3.25.24 5pm EST
Credit: Rumble - Published on March 25, 2024 


You might like