counter code
Home Business Trump submitted a bond of 175 million dollars

Trump submitted a bond of 175 million dollars

by endroar
Rate this post

Former US President Donald Trump submitted a bond of 175 million US dollars in the asset fraud case in New York to avoid the process of confiscation of assets. According to the documents given to the court, he deposited the money yesterday on Monday. Now he can proceed towards the appeal process in his case.

In 2022, New York Attorney General and Democrat Letitia James filed the fraud case against Trump. Trump has been accused of exaggerating his wealth for a long time. As a result, he has many advantages in getting loans in various business areas. He even misrepresented his assets while soliciting donations from Republican donors in the 2016 presidential election — a fraud case against Trump in a New York court. In February, the judge found Donald Trump guilty and fined him $35.5 million. But since he did not pay the money, the fine amount with interest stood at 464 million dollars. But Team Trump was in a difficult situation to raise this huge amount of bonds.


related posts

Leave a Comment