Donald Trump Faces Challenges in Meeting $557 Million Bond to Pause Enforcement of Civil Fraud Trial Judgement
Published: 18 March 2024 at 19:37
Politics
Donald Trump has been fined $454 million for deceiving banks and insurers by inflating his wealth on financial statements, leading to a civil fraud trial judgement that requires him to post a $557 million bond to halt enforcement, which his lawyers say is unattainable given the reluctance of bonding companies. Failure to secure the bond could result in the seizure of his assets starting next week. Trump, who claims to be worth billions, including $400 million in cash, is facing multiple criminal prosecutions amidst his bid for the Republican nomination and challenge against President Joe Biden.
SOURCES
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Associated
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NDTV
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https://www.facebook.com/bbcnews
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Sky News
