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Trump posts $175 million bail in civil fraud case

2024-04-02T01:16:14.981Z

Highlights: Trump posts $175 million bail in civil fraud case. Former president thus avoided the seizure of his assets while he appeals the case. The payment was made after a state appeals court ruled last week that the former president and his co-defendants had 10 days to pay the amount. This was reduced from the $464 million judgment that was originally due to be paid on March 25. Before last week's ruling, Trump was responsible for $454 million, the bulk of the fraud judgment. The amount he owed had been growing by more than $111,000 a day due to added interest.


The former president thus avoided the seizure of his assets while he appeals the case.


By Adam Reiss and Zoë Richards —

NBC News

Former President Donald Trump posted $175 million bail in his New York civil fraud case, avoiding seizure of his assets while the case is on appeal.

The payment was made after a state appeals court ruled last week that the former president and his co-defendants had 10 days to pay the amount. This was reduced from the $464 million judgment that was originally due to be paid on March 25.

Before last week's ruling, Trump was responsible for $454 million, the bulk of the fraud judgment, but the amount he owed had been growing by more than $111,000 a day due to added interest.

Source: telemundo

All news articles on 2024-04-02

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