"Trump Ordered to Post $454 Million Bond in New York Fraud Judgment Appeal"

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Source: USA TODAY
"Trump Ordered to Post $454 Million Bond in New York Fraud Judgment Appeal"
Photo: USA TODAY
TL;DR Summary

A New York appellate judge rejected Donald Trump's emergency request to post a $100 million bond while appealing a $454 million fraud judgment against him, ruling that he must post a bond for the entire judgment. The judgment stems from a ruling that ordered Trump and his company to pay the government for overstating the value of his real estate, and also barred him from doing business in New York for three years. The judge's temporary ruling now heads to a five-judge appellate panel to determine the appeal bond amount, with a deadline set for March 11 for the attorney general's office to file a written argument against Trump's request for a lower bond.

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