Donald Trump pays $175 million bond to avert asset seizure
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abril 02, 2024 |
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A $454 million penalty was imposed on Donald Trump in February by a judge, for deceit regarding his assets to secure favorable loan terms. This Monday, a Manhattan appeals court accepted a bond Trump posted, halting the penalty's enforcement while his appeal is pending. Trump, in the race for the White House this November, faces the penalty and additional interest if his appeal fails.
A $454 million penalty was imposed on Donald Trump in February by a judge, for deceit regarding his assets to secure favorable loan terms. This Monday, a Manhattan appeals court accepted a bond Trump posted, halting the penalty's enforcement while his appeal is pending. Trump, in the race for the White House this November, faces the penalty and additional interest if his appeal fails.
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