World News
Donald Trump posts €163m bond in New York civil fraud case to avert asset seizure
[ad_1]
The bond Mr Trump is posting with the court now is essentially a placeholder
Mr Trump is fighting to overturn a judge’s February 16 finding that he lied about his wealth (Frank Franklin II/AP)
Donald Trump posted a 175 million dollar (€163m million) bond on Monday in his New York civil fraud case, halting collection of the more than 454 million dollars (€423m) he owes and preventing the state from seizing his assets to satisfy the debt while he appeals.
A New York appellate court had given the former president 10 days to put up the money after a panel of judges agreed last month to slash the amount needed to stop the clock on enforcement.
[ad_2]
