{"id":2211194,"date":"2024-04-02T08:50:02","date_gmt":"2024-04-02T12:50:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-posts-bond-in-ny-civil-fraud-case-preventing-seizure-of-his-assets\/"},"modified":"2024-04-02T08:50:12","modified_gmt":"2024-04-02T12:50:12","slug":"trump-posts-bond-in-ny-civil-fraud-case-preventing-seizure-of-his-assets","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-posts-bond-in-ny-civil-fraud-case-preventing-seizure-of-his-assets\/","title":{"rendered":"Trump posts bond in New York civil fraud case to protect his assets from seizure"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-posts-bond-in-ny-civil-fraud-case-preventing-seizure-of-his-assets%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2211194&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p>Former President Donald Trump posted the $175 million bond in his New York civil business fraud case on Monday, one week after an appeals court allowed the leading presidential candidate to post a significantly lower bond.<\/p>\n<p>A New York appeals court panel gave Trump a <a href=\"https:\/\/www.dailywire.com\/news\/trump-scores-legal-win-as-new-york-appeals-court-allows-him-to-post-lower-bond-in-civil-fraud-judgment\" target=\"_blank\" rel=\"noopener\">legal victory<\/a> last week when it said the former president did not have to post the $464 million bond that was decided by Judge Arthur Engoron. Instead, Trump had 10 days to come up with the money for a reduced bond and said on Monday night that he had posted the $175 million amount, which prevents the state from seizing any of his assets as Trump\u2019s legal team appeals Engoron\u2019s judgment.<\/p>\n<p>\u201cI\u2019ve 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, where no Jury was allowed, my financial statements were conservative and had a 100% perfect caution\/non-reliance clause, there were no victims (except me!), there was no crime or damage, there was only success and HAPPY BANKS,\u201d Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/112199420425708030\" target=\"_blank\" rel=\"noopener\">wrote<\/a> on Truth Social.<\/p>\n<p>Judge Engoron ruled in agreement with New York Attorney General James in February after James brought civil charges against Trump, alleging the former president inflated his net worth and misled investors. In his judgment, Engoron ordered Trump to pay $350 million, which increased to $464 million, including interest, and also ordered Trump\u2019s co-defendants to pay $10 million.<\/p>\n<p>Prior to last week\u2019s appeals court decision, Trump would\u2019ve had to pledge 120%, or around $550 million, in collateral to a bond company, an amount his lawyers said last week would be \u201ca practical impossibility\u201d to attain. Shortly after the appeals court reduced the bond, however, Trump said he would post the amount in \u201ccash.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Trump says he will pay the bond in CASH. <a href=\"https:\/\/t.co\/Iln5mpLv1H\">pic.twitter.com\/Iln5mpLv1H<\/a><\/p>\n<p>\u2014 The Post Millennial (@TPostMillennial) <a href=\"https:\/\/twitter.com\/TPostMillennial\/status\/1772300408859361727?ref_src=twsrc%5Etfw\">March 25, 2024<\/a><\/p>\n<\/blockquote>\n<p>The bond posted by the former president acts as a guarantee of payment if Judge Enoron\u2019s judgment is upheld. If Trump ultimately loses his appeal, he will still have to pay the full amount of Engoron\u2019s judgment, which grows in interest every day, Fox News <a href=\"https:\/\/www.foxnews.com\/politics\/trump-posts-175m-bond-ny-civil-fraud-case-averts-asset-seizure\" target=\"_blank\" rel=\"noopener\">reported<\/a>.<\/p>\n<p><b><a href=\"https:\/\/onelink.to\/dwapp\" target=\"_blank\" rel=\"noopener noreferrer\" aria-describedby=\"sk-tooltip-9096\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/onelink.to\/dwapp&#038;source=gmail&#038;ust=1711847459151000&#038;usg=AOvVaw3OccKYAVbZP-9J-sgruazM\">CLICK HERE TO GET THE DAILYWIRE+ APP<\/a><\/b><\/p>\n<p>Trump raged against Engoron and James in his post on Monday night, calling the case brought against him \u201celection interference\u201d and a \u201cwitch hunt.\u201d<\/p>\n<p>\u201cThe case was a fabricated ELECTION INTERFERENCE con job, so bad for New York, where businesses are fleeing &#038; violent crime is flourishing,\u201d said Trump. \u201cThe Crooked Judge, to suit his narrative, valued Mar-a-Lago, in Palm Beach, Florida, at $18,000,000, when it is worth 50 to 100 times that amount. He ruled I was guilty before he ever saw the case. He should 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 can\u2019t use on my campaign. Just what Crooked Joe wanted. WITCH HUNT!\u201d<\/p>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former President Donald Trump posted a $175 million bond in his New York civil business fraud case a week after a court allowed him to post a lower bond. A New York appeals court panel granted Trump a legal victory by permitting him to post a reduced bond amount, marking a key development in the case<\/p>\n","protected":false},"author":324,"featured_media":2211195,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/dw-wp-production.imgix.net\/2024\/04\/GettyImages-2120571593-scaled-e1712057450454.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2211194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/dw-wp-production.imgix.net\/2024\/04\/GettyImages-2120571593-scaled-e1712057450454.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2211194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/324"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2211194"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2211194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2211195"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2211194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2211194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2211194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}