The bond prevents authorities from going after the former president's properties, including Trump Tower and his Mar-a-Lago estate
The bond prevents authorities from going after the former president's properties, including Trump Tower and his Mar-a-Lago estatehas posted a $175m bond in his New York civil fraud case, averting asset seizures by state authorities that could have hobbled his business empire.
He originally needed to post a bond for $454m, but an appeals court on 25 March stayed enforcement of Justice Arthur Engoron’s judgment on condition that Trump pay the smaller sum within 10 days.The bond prevents New York Attorney General Letitia James from going after Trump’s properties, including Trump Tower, his 370-acre resort and golf course in Westchester and his Mar-a-Lago estate in Florida.
In a 92-page order, Justice Engoron described how Trump directed deputies to change the values of his properties to arrive at his desired net worth for a decade before his entry into politics. “All citizens, called upon to participate in these proceedings, whether as a juror, a witness, or in some other capacity, must now concern themselves not only with their own personal safety, but with the safety and the potential for personal attacks upon their loved ones. That reality cannot be overstated,” Juan Merchan said in the expanded gag order.
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