Donald Trump’s New York civil fraud case received a$ 175 million bond on Monday. A New York appeals court issued a$ 175 million bond to the former president in lieu of the$ 454 million bond plus interest that New York Judge Arthur Engoron had originally requested, but Trump’s bond was posted a week later.
Trump criticized a Corrupt Judge and Attorney General for using a Statute that had never been used for this before, with no victims ( aside from me ) in a Monday post on Truth Social.” I’ve just posted a 175 million dollar bond with the sadly failing and very troubled State of New York, based on a Corrupt Judge and Attorney General who used a Statute that was never used for this before, my financial statements were conservative and had a 100 % perfect caution/non-reliance ), there was no violence or injury, there was only achievements and HAPPY BANKS”.
Trump wo n’t have to pay the state any money, according to Fox News, and he will be reimbursed for posting the money for the bond he posted for Monday if he wins his appeal against Engoron’s ruling that the former president, his sons, and the Trump Organization allegedly committed business fraud by falsely inflating business assets. On the other hand, if Trump loses his appeal of Engoron’s ruling, he will be forced to pay the$ 454 million plus interest, which continues to increase each day.
Letitia James, the Democratic attorney general’s predecessor, is prohibited by Trump’s relationship posting, which would have previously threatened to seize his assets.
READ MORE: Video: Trump says he has$ 175 million bond in’ money’
The New York Appellate Division has indicated that it will speak claims for Trump’s charm in September, according to Fox News. The court hearing will probably take place in the final stages of the presidential election in 2024, according to Fox News, despite not having an actual date set for it.
Following Monday’s bond posting, the former president described the business fraud case as a “fabricated ELECTION INTERFERENCE con job” and a” WITC H HUNT” in Trump’s Truth Social post. Trump argued that the situation was” so terrible for New York” and that while violent crime is still rising, the condition is losing companies.
” The Broken Judge, to accommodate his tale, valued Mar- a- Lago, in Palm Beach, Florida, at$ 18, 000, 000, when it is for 50 to 100 times that amount”, Trump added. He declared my innocence before he ever saw the crime. He may be disbarred, and Letitia James, who campaigned on getting TRUMP, Impeached. Also posted a 91 Million Dollar Bond on another New York Fake Case, money I ca n’t use on my campaign. Only what Crooked Joe wanted”.