Donald Trump posts $175m bond in New York’s Civil fraud case

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Donald Trump
Donald Trump

Former US president Donald Trump posted a $175 million bond in his New York civil fraud case, a court document showed, avoiding payment of a $454 million penalty while his case winds through the appeals process.

Mr Trump was originally ordered to pay the full $464m judgement against him, but an appeals court said he could pay the smaller sum within 10 days.

He was found in February to have fraudulently inflated property values.

The Republican denies wrongdoing and says the case is a political witch hunt by the Democratic prosecutor.

If he loses his appeal, Mr Trump will have to come up with the $464m. His lawyers had argued before the appellate court that securing a bond for that amount would be a “practical impossibility”.

Trump is in prosecutors’ crosshairs for a series of alleged crimes, ranging from falsifying business records in the hush money case to trying to overturn the 2020 election, when he became the first president in modern US history to refuse to concede and stoked a mob of supporters to march on Congress.

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