Former President Donald Trump posted a $175 million bond on Monday to prevent New York from seizing assets like Trump Tower as he appeals the recent civil fraud case that ruled he cheated business partners to increase his company’s profits.
“Donald Trump posted a $175 million bond on Monday to prevent New York authorities from seizing his assets, including properties such as Trump Tower, pending appeal of a civil fraud judgment against him of nearly a half-billion dollars,” the Washington Post reported.
“The former president’s posting of the bond was necessary to keep New York Attorney General Letitia James (D) from initiating legal steps to take over his properties,” it added.
New York Attorney General Letitia James speaks Feb. 16, 2024, in New York. (AP Photo/Bebeto Matthews, File)
Trump recently appealed a ruling from New York Supreme Court Justice Arthur…
