Allen Weisselberg, former CFO of the Trump Organization, was sentenced to five months in jail for perjury in Donald Trump's civil fraud trial, matching the Manhattan DA's recommendation. Weisselberg had pleaded guilty to two counts of perjury last month for lying in his testimony. This sentencing comes after Weisselberg received a separate five-month sentence last year for tax fraud charges involving the Trump Organization's business dealings. In the civil trial, Trump and his associates were ordered to pay over $350 million in damages, with Trump appealing the judgment and posting a $175 million bond.
Billionaire Don Hankey, who provided a $175 million bond for Donald Trump's New York civil fraud trial, admits he may not have charged enough for the financial service, facing intense scrutiny from New York Attorney General Letitia James' office and struggling to find firms willing to take on the risk. Jury selection for the trial is set to begin on April 15.
Former President Donald Trump may be forced to declare bankruptcy if he fails to post a $454 million bond in his civil fraud trial by Monday's deadline. Financial journalist Bill Cohan believes this is Trump's only option if his appeals fail, as he faces difficulties securing the funds. New York Attorney General Letitia James has vowed to pursue Trump's Manhattan real estate portfolio if he can't pay the judgment against him. Trump's attorneys have filed papers arguing for more time, but if unsuccessful, bankruptcy may be the only way to delay asset sales and buy time.
Eric Trump's comments about the difficulties his family faced in securing a bond payment for his father's civil fraud ruling sparked ridicule online, with many mocking his remarks on Fox News' Sunday Morning Futures. The former president, Donald Trump, faces a penalty of over $450 million after being found liable in a civil fraud trial brought by the New York Attorney General, and his inability to secure the bond amount has led to widespread criticism and ridicule on social media.
New York Attorney General Letitia James is moving to seize Donald Trump's assets after he lost a civil fraud trial and was ordered to pay $464 million. Her office has registered the judgment with the county clerk's office in Westchester County, where Trump's properties are located. Trump's attorneys are seeking to block enforcement of the judgment, arguing that posting a bond is impractical and selling off properties to finance an appeal would result in irreparable losses. The deadline for Trump to post an appeals bond is 25 March.
New York Attorney General Letitia James has taken the first step toward possibly seizing former President Donald Trump's assets in Westchester County as part of a $464 million judgment in his civil fraud trial. State officials have entered the judgment with the county clerk's office, allowing James to move for possession of Trump's properties if he fails to secure a bond. Trump's lawyers claim it's impossible to obtain the bond and have asked for permission to post a smaller bond or none at all. If Trump doesn't secure a financial guarantee by Monday, James could begin the legal process of seizing his bank accounts and physical assets in Manhattan and Westchester through liens and foreclosures.
Former President Donald Trump's attorney, Alina Habba, is requesting more time from New York Judge Lewis Kaplan to begin enforcement of Trump's $83.3 million defamation judgment in the E. Jean Carroll case, possibly indicating difficulty in arranging the required $91-plus million bond. This request comes amidst Trump's efforts to avoid paying the bond in another New York civil case involving a business fraud complaint from state Attorney General Letitia James.
Allen Weisselberg, former CFO of the Trump Organization, pleaded guilty to two counts of perjury in connection with testimony he gave during Donald Trump's civil fraud trial. The Manhattan District Attorney recommended a five-month jail sentence, and Weisselberg admitted to committing conduct underlying other instances of perjury. This is his second guilty plea, following a 2022 plea to tax fraud charges. The judge in the civil fraud trial found Weisselberg's testimony to be intentionally evasive and lacking credibility.
Former President Donald Trump has been ordered by an appeals court judge to come up with the full bond amount to cover the $454 million verdict in the civil fraud trial.
An envelope containing white powder was found at the New York State Supreme Courthouse, where Justice Arthur F. Engoron, who oversaw Donald J. Trump’s civil fraud trial, has offices. The building was not evacuated, and no injuries were reported. This incident follows previous security concerns involving the judge, including a hoax bomb threat at his home and a small fire set in the courthouse. In the ongoing investigation, former President Trump offered a $100 million bond to pause the $450 million penalty imposed on him in the civil fraud trial.
Judge Arthur Engoron, who ruled against Donald Trump in a civil fraud trial, was sent an envelope with white powder, prompting an emergency response at his New York City courthouse. The judge and his staff were unharmed as the mail was pre-screened, but a court officer and another employee were exposed to the substance. This incident follows a bomb threat at the judge's home and a history of threats during the trial, leading to increased security measures. Trump's attorneys have distanced him from the actions of his supporters.
The judge overseeing Donald Trump's civil fraud trial received an envelope with white powder, prompting an emergency response from police and fire officials; the substance is not believed to be harmful, and the judge was never in danger. This incident follows multiple threats received by the judge before, during, and after the trial, including a bomb threat at his home. The Manhattan District Attorney is seeking a similar gag order for Trump's upcoming criminal trial.
Judge finalizes $454 million judgment against Donald Trump in civil fraud trial, adding nearly $100 million in pre-judgment interest, with Trump now owing $112,000 in interest per day. Trump has 30 days to pay or appeal the verdict, as the legal battle with New York Attorney General Letitia James comes to an end. Trump's lawyers plan to appeal, citing serious legal and constitutional questions.
Lawyers for Donald Trump are requesting a 30-day delay in enforcing the nearly $355 million fine he was ordered to pay in a civil fraud trial, arguing that the New York Attorney General's draft proposal for the judgment violates accepted practice. They are seeking a stay to allow for an orderly post-judgment process, while also expressing shock and anger at the judge's apparent refusal to allow motion practice on reducing the opinion to a formal judgment. Trump has stated that he will appeal the judgment, which also includes a ban on him and his sons from heading a New York business for several years.
Barbara Res, a former Trump Organization executive, predicts that Donald Trump will capitalize on the recent $355 million judgment in his civil fraud trial by spinning the situation to his advantage and using it for fundraising. She believes that Trump enjoys playing the victim and will attempt to make money off the situation. Res also suggests that Trump's supporters, including hardcore MAGA fans and wealthy individuals, will continue to support him despite the legal challenges. She describes Trump as the Pied Piper who emboldened people to flaunt their racism, xenophobia, and sexism, and claims that his supporters view him as the "second coming."
