Trump posts $175 million bond to prevent New York authorities from seizing property

NEW YORK — Donald Asset job A $175 million bind on Monday has prevent New York authorities Since gripping her assets, including properties such as Asset Tower, on hold call of A civil fraud judgement against him of almost A half a billion dollars.

THE ancient Of the president assignment of THE bind was necessary has keep New York Lawyer General Letitia James (D) Since initiate legal not has take on her properties.

After A 10 weeks trial late last year, New York Supreme Court Justice Arthur Engoron find Asset, THE Asset Organization, Trump's adult son And two ancient executives responsible In FEBRUARY For using illegal tactical has knowingly cheat business the partners has increase THE the company profits And savings.

Asset lawyers recently argued has A calls court that he was unable has job A bind of more that $450 million, roughly THE size of THE judgement against him with interest included, mostly because about 30 bail companies he consulted with would be not accept her real domain as collateral, only liquid assets.

In A decision last week, A to appeal court sign reduced THE size of THE bind he would be to have has job has $175 million on THE condition that he job he In ten days And that he deposit her call of Engoron verdict In A timely fashion.

If he do not earn her call, Asset will always duty more that $450 million Since A civil court judgement After James won THE fraud case against him, alleging he deceived lenders And insurance companies by swell her net value by up has $2.2 billion annually Since 2011 has 2021.

Trump's tongue East growth by about $100,000 by day because interest will continue has accumulate until THE call ends.

James could Also pursue socket assets In Trump's real domain wallet, such as Mar-a-Lago In Palm Beach, Florida...