Former President Trump's bond in his New York civil fraud case is...
New York Appeals Court Reduces Trump Bond
Source: MARY ALTAFFER / Getty
NEW YORK — Former President Trump’s bond in his New York civil fraud case is being lowered. An appeal court agreed to cut the amount from 454 million to 175 million dollars. This comes after Trump said he would have to sell properties at a loss to secure enough funds to cover the bond.
The judgment is from a ruling made in February by Judge Arthur Engoron, who found Trump and his company liable for fraud. Trump may now be able to proceed with his appeal of the ruling without the risk of his assets being seized due to lack of payment.
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New York Appeals Court Reduces Trump Bond was originally published on wibc.com