Former US President Donald Trump has posted $175 million (€163 million) bail in a civil fraud case in New York to stop the state from seizing his assets.
Monday’s bail halts the Republican presidential candidate’s debt collection of more than $454 million (about 420 million euros) and prevents the government from seizing the businessman’s assets while he appeals, according to the ruling. process.
The ruling came from the state appeals court, where Trump is seeking to overturn a Feb. 16 ruling by a lower court judge who found the businessman committed financial fraud by lying about his wealth to gain business favors.
Author: Lusa
Source: CM Jornal
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