Donald Trump had a $454 million bond reduced Monday in a last-minute appeals ruling in New York.
Donald Trump has been handed a potential lifeline after an appeals court on Monday reduced the appeal bond in his civil fraud case to $175 million, down from nearly half a billion dollars, while giving him another 10 days to come up with the payment.Trump had been ordered to pay $355 million, plus interest after Judge Arthur Engoron found he had filed fraudulent financial statements for years which inflated the value of his assets.
''The 30 largest bonding companies in the United States have never seen a bond close to this size for anyone, let alone a private company,' Eric wrote.'Letitia James is hellbent on a political vendetta against my father with zero regard for the lives of thousands of hard-working New Yorkers, who make their living in our buildings.
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