Trump's Bond Lowered To $175M In Fraud Appeal
An appeals court Monday lowered former President Donald Trump's bond, previously set at $454 million, to appeal his fraud verdict. Former President Donald Trump's bond to appeal his civil fraud verdict has been reduced to $175 million by the state's Court of Appeals. The decision effectively gives Trump a lifeline as he faces a deadline to post a larger-more-sizable bond for appeal. Despite this, he will have 10 days to post the lowered bond. This decision could impact his ability to do business in New York and potentially impact his organization and business.
Опубликовано : месяц назад от Matt Troutman в Politics
NEW YORK CITY — Former President Donald Trump won't have to pony up $464 million to appeal his civil fraud verdict, but he'll still have to pay a pretty penny.
He'll have 10 days to post the lowered bond, the document states.
The state's Court of Appeals Monday lowered Trump's bond to $175 million, according to documents.
The appellate judges' decision effectively gives Trump a lifeline as he faced a deadline to post a much-more-sizable bond to appeal a verdict that threatens his Trump Organization and ability to do business in New York.
This is a developing story. Refresh for updates.
Темы: Fraud, Corruption