The judge in former President Trump's civil fraud trial has imposed a monitor to oversee the Trump Organization's finances.
New York Judge Arthur Engoron, who oversaw Trump's civil fraud trial, imposed a monitor over the Trump Organization as part of a judgment that also required Trump to pay aBarbara Jones, a retired federal judge, has been overseeing the Trump Organization's finances since November 2022 as part of a preliminary injunction. She is now installed for the next three years.
She must be notified about any large cash transfers, the creation or dissolution of assets, the restructuring of debt and "any efforts to secure surety bonds," according to Engoron's order issued Thursday. Trump is facing a Monday deadline to secure a bond to guarantee payment of the $464 million judgment should he lose his appeal. His lawyers have said it isbut New York Attorney General Letitia James suggested Trump had not explored all of his options.
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