Trump pays $175 million bail in New York fraud case

Trump pays $175 million bail in New York fraud case
Trump pays $175 million bail in New York fraud case
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Former US President Donald Trump paid $175 million in bail on Monday evening (local time) to prevent New York state authorities from seizing his assets. Various American media report this.

Source: BELGA

Today at 06:07

Trump was with his adult sons Eric and Don Jr. sentenced to a $454 million fine for financial fraud within their Trump Organization empire. The former president wanted to appeal against this, but had to pay $464 million in bail.

The ex-president had complained that he would have to sell properties to pay the initial deposit. A week ago, a New York court lowered the bail amount that Trump had to post in order to appeal in that case to $175 million. He had until Thursday to transfer the money.

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By paying the bail, New York State cannot seize his assets until the appeal is heard.

The article is in Dutch

Tags: Trump pays million bail York fraud case

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