"Trump Faces Imminent $454 Million Bond Deadline in Fraud Case"

1 min read
Source: The New York Times
"Trump Faces Imminent $454 Million Bond Deadline in Fraud Case"
Photo: The New York Times
TL;DR Summary

Former President Donald Trump faces a deadline to block the New York attorney general from collecting a $454 million judgment in a civil fraud case accusing him of inflating his net worth. If no one posts a bond guaranteeing his financial obligation, the attorney general can start seizing his accounts and properties, potentially starving his family business of cash and ending his New York mogul status. Trump must find a company willing to post a half-billion dollar bond on his behalf to avoid a humiliating outcome.

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