Former President Donald Trump was handed a lifeline as an appeals court agreed to lower the bond amount in his civil fraud case.
After an appeals court ruled that Donald Trump could proceed with a much lower amount than the $454 million penalty against him in his civil fraud case, New York Attorney General Letitia James fired back at the former president.'Donald Trump is still facing accountability for his staggering fraud. The court has already found that he engaged in years of fraud to falsely inflate his net worth and unjustly enrich himself, his family, and his organization.
In an effort to pursue an appeal, the former president was seeking a bond of $464 million to cover his fines and the disgorgement for his sons. Although Trump can appeal the ruling against him without a bond or paying the cash, the former president would be required to post a bond of slightly more than the amount of the penalty against him to stop the collection of his assets.Trump was required to post the bond amount by Monday to stop James from collecting his assets and properties.
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