NY: Disgraced former president posts $175 million bond in civil fraud case to avoid asset seizure

Source: France 24 [French state media]

“Embattled former US president Donald Trump posted a $175 million bond in his New York civil fraud case Monday, a court document showed, avoiding asset seizures while his case winds through the appeals process. Last week, a New York appeals court cut a $454 million bond payment he was originally required to make, reducing the sum to $175 million and giving him 10 days to pay a bond in that amount. The nearly half billion sum he originally owed had raised the possibility that New York authorities would move to seize Trump assets if he could not pay, but the reduction — and his finding a company to put up the bond, as announced Monday — has given him breathing room.” (04/02/24)

https://www.france24.com/en/americas/20240402-trump-posts-175-million-bond-in-ny-civil-fraud-case-to-avoid-asset-seizure