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Trump posts $175m bond in New York fraud case

Posted on AllSides April 2nd, 2024
From The Center
Justice, Donald Trump, Bond, Fraud, New York
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Former US President Donald Trump has posted a $175m (£140m) bond in his New York civil fraud case, staving off asset seizures by the state.

He was found in February to have fraudulently inflated property values, and was ordered to pay a $464m penalty.

Posting bond means New York's attorney general cannot enforce the penalty, by freezing bank accounts or taking property, until his appeals are heard.

The Republican denies wrongdoing and says the case is a political hit job.

Mr Trump was originally ordered to post bond amounting to...

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