Former President Donald Trump's Civil Fraud Judgment and Appeal
Former President Donald Trump is unable to post a bond covering the full $454 million civil fraud judgment while he appeals, as reported by his lawyers to a New York appellate court. Trump and his co-defendants owe a total of $467.3 million, with interest amounting to $456.8 million. They have been unsuccessful in obtaining a bond from surety companies due to the high collateral requirement.
Key Points
- Trump cannot post a bond covering the full civil fraud judgment while appealing
- The total owed, including interest, amounts to $467.3 million
- Trump and co-defendants have faced challenges obtaining a bond due to collateral requirements
Cons
- High financial liability for Trump and co-defendants