Trump Posts $175M Bond In New York Civil Fraud Case

7 months ago 4
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We all knew Trump wasn't going to be able to come up with the $464 million bond in his civil fraud case in New York, and now with the help of the New York appeals court, and some other sleazy characters as well, he's made his reduced bond of $175 million:

Former President Donald Trump has posted a $175 million bond as he appeals the judgment against him in the New York civil fraud case brought by state Attorney General Letitia James.

Trump’s bond pauses any action that James could take against Trump’s properties in response to the judgement until at least September, when the state appeals court also set a schedule to hear his appeal of the $464 million verdict against him.

The bond is underwritten by Knight Specialty Insurance, a California-based insurance company, but the court document does not list the collateral that Trump used to secure the bond.

Here's more from attorney Lisa Rubin on Knight Specialty Insurance:

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