"Trump Appeals NY Civil Fraud Verdict, Faces $454 Million Fine"

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Source: Forbes
"Trump Appeals NY Civil Fraud Verdict, Faces $454 Million Fine"
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TL;DR Summary

Former President Donald Trump and his co-defendants are appealing the ruling against them in the civil fraud case, which found them liable for fraudulently misstating the value of assets. Despite the appeal, Trump still has to pay the $454 million judgment against him or post a bond. If he doesn't, the New York Attorney General could start seizing his assets. Trump's repayment options are limited due to the fraud ruling barring him from obtaining loans from New York companies, but he could potentially borrow against his real estate assets or seek help from a wealthy friend.

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