Donald Trump pays $175 million bond to avert asset seizure
Tuesday, 2 April 2024 A $454 million penalty was imposed on Donald Trump in February by a judge, for deceit regarding his assets to secure favorable loan terms. This Monday, a Manhattan appeals court accepted a bond Trump posted, halting the penalty's enforcement while his appeal is pending. Trump, in the race for the White House this November, faces the penalty and additional interest if his appeal fails.
Well, Donald Trump may have secured the $175 million bond he needed to prevent his assets from being seized by the state of New York while his trial is on appeal, but that doesn’t mean his finances aren’t still in turmoil. On the same day he came up with the money needed after losing his fraud...
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Tuesday, 2 April 2024
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