Donald Trump's Appeal of $454.2 Million Judgment

SOURCE news.yahoo.com
Donald Trump is appealing a $454.2 million judgment in New York state's civil fraud case. He wants to post a $100 million bond instead of the full amount. The state's attorney general accused Trump of overstating property values to inflate net worth.

Key Points

  • Accusation of overstating property values to inflate net worth
  • Trump's net worth primarily in real estate, not cash
  • Judge imposed a three-year ban on Trump from serving in top roles at NY companies or seeking loans from NY banks

Pros

  • Trump seeking to secure a $100 million bond to appeal the judgment
  • Ongoing oversight by court-designated monitor for the Trump Organization

Cons

  • Risk of evasion or moving assets beyond reach if Trump loses appeal