Trump bond reduced to $175 million in NY fraud case, per Reuters
— unusual_whales (@unusual_whales) March 25, 2024
TRUMP CAN PAY REDUCED BOND AS HE APPEALS $454M NY FINE
TRUMP BOND REDUCED TO $175M IN NY FRAUD CASE
— NewsWire (@NewsWire_US) March 25, 2024
- A New York appeals court paused for 10 days a massive civil fraud judgment against former President Donald Trump.
- The court also and sharply reduced the bond he would have to post to obtain a longer stay to $175 million.
- Trump’s lawyers in a court filing last week said that it was “impossible” for him to get an appeal bond of $454 million to satisfy the judgment in that amount, having approached more than 30 surety companies without success.