Trump Faces $464 Million Bond Deadline in NY Civil Case

Former President Donald Trump faces a March 25 deadline to pay a $464 million bond to the state of New York in the civil fraud case.

New York Attorney General Letitia James, who brought the case against the former president, has given President Trump until the end of March 25 to pay the almost half-a-billion-dollar bond, which he must submit before he can appeal the judgment against him.

Judge Arthur Engoron in February found President Trump personally liable for $454 million for fraudulently representing his net worth to secure favorable loans.

Ms. James has said that if he fails to pay, she will start taking action to seize his assets.

“If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets,” she told ABC News in February.

Read Full Article Here