Donald Trump has posted USD175 million bond to avert asset seizure as he appeals NY fraud penalty ...Middle East

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Donald Trump has posted a USD175 million bond in his New York civil fraud case, halting collection of the more than USD454 million he owes and preventing the state from seizing his assets to satisfy the debt while he appeals, according to a court filing. 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. The bond Trump is posting with the court now is essentially a placeholder, meant to guarantee payment if the judgment is upheld. If that happens, the presumptive Republican presidential nominee will have to pay the state the whole sum, which grows with dai

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Donald Trump has posted USD175 million bond to avert asset seizure as he appeals NY fraud penalty ...Middle East

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