"30 Companies Reject Trump's Appeal for $464 Million Bond in Civil Fraud Case"

1 min read
Source: The New York Times
"30 Companies Reject Trump's Appeal for $464 Million Bond in Civil Fraud Case"
Photo: The New York Times
TL;DR Summary

Donald Trump's lawyers revealed that he has been unable to secure a $454 million bond in his civil fraud case in New York, citing "insurmountable difficulties" despite approaching about 30 companies. With the bond due in a week, the former president faces a potential financial crisis unless an appeals court intervenes. The case, brought by the New York attorney general, poses a significant threat to Trump's assets, and he must post an appeal bond exceeding $500 million to prevent asset seizure.

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