Trump Offers $100 Million Bond to Delay $454 Million Fraud Penalty

Donald Trump's lawyers have offered to post a $100 million bond to halt the collection of his $454 million civil fraud penalty in New York, arguing that provisions of the verdict make it impossible for him to secure a bond for the full amount. The New York appellate court heard arguments at an emergency hearing and could issue a decision soon. The ruling prohibits Trump, his company, and co-defendants from obtaining loans from New York banks for three years, making it difficult to secure a bond covering the full judgment. Trump's lawyers maintain that he is worth several billion dollars and testified last year that he had about $400 million in cash, in addition to properties and other investments.