Share this @internewscast.com

Former President Donald Trump has posted a $175 million bond in the New York civil fraud case, preventing seizure of his assets while the case is on appeal.

The bond comes after a state appeals court ruled last week that the former president and his co-defendants had 10 days to post the amount, which was reduced from the $464 million judgment that was originally due March 25.

Before last week’s ruling, Trump was liable for $454 million, most of the fraud judgment, but the amount he owed had been growing by more than $111,000 daily due to added interest.

Trump attorney Alina Habba said Monday that the former president would be vindicated on appeal.

“As promised, President Trump has posted bond. He looks forward to vindicating his rights on appeal and overturning this unjust verdict,” Habba said in a statement.

If Trump doesn’t win on appeal, he will have to pay more than $450 million from a judgment stemming from New York Attorney General Letitia James’ fraud case. A judge found that Trump and top executives at the Trump Organization had intentionally engaged in a scheme to improperly inflate his assets in financial statements that enabled him to claim favorable loan and insurances rates that were not entitled to him.

Share this @internewscast.com
You May Also Like
Teen arrested in Nassau County cyberbullying case involving threats on TikTok

Teen Detained in Nassau County for TikTok Cyberbullying and Threats

NASSAU COUNTY, Fla — The Nassau County Sheriff’s Office reported that earlier…
Martha’s Vineyard residents forced to go vegan, become ‘social pariahs’ because of bloodsucking insect

Martha’s Vineyard Locals Pressured to Adopt Vegan Diets, Face Social Ostracism Due to Bloodsucking Insect Outbreak

Residents in Martha’s Vineyard, Massachusetts, are being compelled to adjust their diets…
Vladimir Putin's six-year-old son in a gymnastics gym.

“Vladimir Putin’s Secret Sons with Gymnast Unveiled: New Footage Shows Them for the First Time”

VLADIMIR Putin has given fake names to his secret children with his…
Israeli military convoy in Gaza.

Israel Launches Gaza City Operation with 60,000 Troops to Eliminate Hamas

ISRAEL has begun its full invasion of Gaza City as it aims…
'Pack the Bags, We're Going on a Guilt Trip'—the Secret to the Democrats' Success

“Unpacking Emotional Appeals: How Guilt Drives the Democrats’ Success”

If you grew up in a predominantly conservative area with parents who…
Manatee County deputies revealing new details on Giovanni Pelletier's death

Manatee County Deputies Uncover New Information About Giovanni Pelletier’s Death

Pelletier, who was from North Carolina, was first reported missing on Aug.…
NYPD welcomes nearly 1,100 recruits to academy – largest class in almost a decade

NYPD Enrolls Largest Academy Class in Nearly a Decade with Nearly 1,100 New Recruits

The NYPD has recently welcomed approximately 1,100 new recruits to its police…
FBI arrests Sean Gardner, ex-coach at Chow's Gymnastics and Dance Institute for US Olympics in Iowa, years after abuse reports

Former Chow’s Gymnastics Coach Sean Gardner Arrested by FBI for Olympic Athlete Abuse Allegations in Iowa

IOWA CITY, Iowa — Just as the U.S. gymnastics community was regaining…
Princess Bajrakitiyabha Mahidol waving from a car.

Worries Grow for Princess in Three-Year Coma Battling Serious Health Issues After Severe Infection

THERE are fears for a Thai princess after the royal palace shared…
Even at the grocery store, Texas troopers don't let Democrats out of sight after walkout

Texas Troopers Keep Close Watch on Democrats at the Grocery Store Following Their Walkout

In a bold move, Democratic state Rep. Nicole Collier, from AUSTIN, Texas,…
Ex-Space Force sergeant Orest Schur sentenced to 54 years in prison for fatally shooting suspected teen car thief in Colorado

Former Space Force Sergeant Orest Schur Sentenced to 54 Years for Killing Teen Suspected of Car Theft in Colorado

A former US Space Force sergeant who shot multiple times at two…
Family photo of four people.

Wife Confesses Shocking Truth in Tragic Videos Before Family is Found Dead

ALARMING details have emerged about the final days of the four family…