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Donald Trump Posts $175 Million Bond To Appeal Civil Fraud Judgment — Update
UPDATE: Donald Trump has secured a $175 million bond as his appeals a New York civil fraud judgment against himself, family members and his business empire. According to a filing tonight. the bond came from the Knight Specialty Insurance Company in Los Angeles. Trump’s move will prevent New York Attorney General Letitia James from seizing […]
Last month, Judge Arthur Engoron ruled that Trump and his companies owed $464 million after earlier concluding that he had engaged in fraud by overstating the value of assets to secure more favorable terms from lenders. Last month, Judge Arthur Engoron ruled that Trump and his companies owed $464 million after earlier concluding that he had engaged in fraud by overstating the value of assets to secure more favorable terms from lenders. Trump was in court today in a hearing on his upcoming New York criminal trial on charges related to hush money payments made to porn star Stormy Daniels before the 2016 election.
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