"Trump's Financial Woes: Facing $537 Million in Penalties and Valuable Properties at Risk"

1 min read
Source: The New York Times
"Trump's Financial Woes: Facing $537 Million in Penalties and Valuable Properties at Risk"
Photo: The New York Times
TL;DR Summary

Former President Donald J. Trump faces financial pressure as he seeks to find enough cash to stave off asset seizures while appealing judgments against him totaling at least $537 million, including a $454 million civil fraud trial and an $83.3 million defamation case. Despite Trump's claims of having substantial cash reserves, his lawyers offered a bond of only $100 million while appealing the $454 million judgment, raising questions about his actual liquidity. If he fails to post the required cash or bond, New York's attorney general has warned she will move quickly to seize some of his buildings.

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