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Trump loses bid to pause $454.2 million judgment in NY civil fraud case

Posted on AllSides February 28th, 2024
From The Center
REUTERS/Shannon Stapleton/File Photo

Donald Trump on Wednesday lost a bid to pause a $454.2 million civil fraud judgment against him for overstating his net worth and real estate values to dupe lenders, meaning he must soon find the cash or post a bond to prevent New York authorities from seizing his property while he appeals.

The decision by Associate Justice Anil Singh of the New York Appellate Division must be affirmed by a full panel of the mid-level state appeals court. Singh granted Trump's request for a stay of a portion of Justice...

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https://www.reuters.com/world/us/trump-cannot-line-up-full-bond-new-york-fraud-case-offers-post-100-mln-2024-02-28/

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