"Trump Posts $175 Million Bond to Protect Assets in New York Fraud Case Appeal"

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Source: CBS News
"Trump Posts $175 Million Bond to Protect Assets in New York Fraud Case Appeal"
Photo: CBS News
TL;DR Summary

Former President Donald Trump and co-defendants in his New York civil fraud case have posted a $175 million bond, ending a six-week ordeal to fend off possible seizure of property or assets following a $464 million judgment. The bond was lowered from the original amount by an appellate court, and Trump's attorney stated that the payment was made as promised. The case stems from a yearslong fraud scheme targeting banks and insurers, and a date has been set for the "hush money" criminal trial.

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