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Former President Trump on Monday posted a $175 million bond in his New York civil fraud case, stopping the state from seizing his property whereas he appeals.
A New York appellate courtroom had given the previous president 10 days to place up the cash after a panel of judges agreed final month to slash the quantity wanted to cease the clock on enforcement.
Former President Donald Trump stands silently after giving a quick assertion after attending the wake for slain NYPD Officer Jonathan Diller on the Massapequa Funeral Residence on March 28, 2024, in Massapequa, New York. (Michael M. Santiago/Getty Photographs)
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If Trump wins, he will not need to pay the state something and can get again the cash he has put up now.
Till the appeals courtroom intervened to decrease the required bond, New York Lawyer Basic Letitia James had been poised to provoke efforts to gather the judgment, probably by seizing a few of Trump’s marquee properties. James, a Democrat, introduced the lawsuit on the state’s behalf.
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Bradford Betz is a Fox Information Digital breaking reporter masking crime, political points, and rather more.
Trump posts $175M bond in NY civil fraud case, averts asset seizure
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