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
NYC's oldest Italian restaurant to close after 120 years

Historic NYC Italian Restaurant Bids Farewell After 120 Memorable Years

The oldest Italian dining establishment in Manhattan is on the brink of…
Alleged Tren de Aragua criminal gang members charged in ATM robberies across New England

Tren de Aragua: New England’s ATM Heists Unraveled as Alleged Gang Members Face Charges

Two individuals, believed to be part of the gang Tren De Aragua…
Hillary Clinton Issues Pugnacious Statement As Oversight Committee Grills Her at Epstein Hearing

Hillary Clinton Delivers Strong Remarks as Oversight Committee Questions Her in Epstein Hearing

After prolonged negotiations, Hillary Clinton, the former First Lady and Secretary of…
Driver busted outside Nancy Guthrie's house after driving past up to 100 times with photo of missing mom

Obsessive Driver Arrested: The Shocking Story Behind the 100 Passes with Missing Mom’s Photo Near Nancy Guthrie’s Residence

Late Thursday evening, law enforcement apprehended a man for driving under the…
Professors were disciplined for vulgar posts after Charlie Kirk's assassination: where are they now?

Judge Permits Continuation of Investigation into Iowa Teachers’ Social Media Posts Following Alleged Assassination Plot Against Charlie Kirk

A federal judge has chosen not to stop disciplinary actions against two…
Body camera video released from fatal officer-involved shooting at Jacksonville home

Newly Released Body Cam Footage Reveals Details of Jacksonville Officer-Involved Shooting

In a tense incident earlier this month, Jacksonville police officers shot and…
Shocking report exposes terrifying reality of assisted suicide in Canada

Revealing Report Uncovers the Complex Reality of Assisted Suicide in Canada

A startling new report uncovers that individuals in Canada are experiencing assisted…
Trump spotlights victims of repeat offenders and illegal aliens in emotional SOTU

Trump’s SOTU: A Powerful Focus on the Impact of Repeat Offenders and Illegal Immigrants

During his State of the Union address on Tuesday night, President Donald…
Jasmine Crockett ridiculed for having armed guards boot 'white girl' reporter from event: 'Not ready for primetime' 

Controversy Erupts: Jasmine Crockett Faces Backlash for Removing Reporter from Event

Representative Jasmine Crockett faced online criticism on Thursday after reportedly having armed…
Sweden intercepts suspected Russian drone during visit by French aircraft carrier

Swedish Forces Thwart Potential Russian Drone Threat Amid French Naval Diplomacy

In a significant security incident, the Swedish military recently intercepted what is…
Calls for justice at Harlem funeral of boy, 2, whose dad is accused of beating him to death

Heartfelt Pleas for Justice Echo at Harlem Funeral for 2-Year-Old Boy, Allegedly Killed by Father

At just 32 months old, Maliek Morrison’s life was tragically cut short,…
I-65 crash: Mother demands charges after Rylee Hanson killed in wrong-way car crash near 61st Avenue near Merrillville, Indiana

Tragic I-65 Collision: Mother Seeks Justice After Wrong-Way Crash Claims Life of Rylee Hanson Near Merrillville, Indiana

A tragic wrong-way collision in Northwest Indiana has resulted in the death…