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Donald Trump Posts $175 Million Bond in Civil Fraud Case

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Former President Donald Trump has posted a $175 million bond in his New York civil fraud case, ensuring that New York Attorney General Letitia James does not seize any of his assets or bank accounts while his appeal of the order is settled.

The former president was originally ordered to pay $454 million in damages after New York Judge Arthur Engoron found him and others associated with the Trump Organization liable of misleading lenders. An appeals court granted Trump’s request last week to lower his bond amount in the case to $175 million after the former presidetn’s lawyers argued that it was a “practical impossibility” to meet the full amount.

Trump had until Thursday to meet the lowered bond threshold. The $175 million was posted by Knight Specialty Insurance Company, which is based in California.

Trump Posts $175 Million Bond
Former President Donald Trump on March 28, 2024 in Massapequa, New York. Trump’s attorney confirmed the former president posted $175 million bond on Monday.

Michael M. Santiago/Getty

This is a developing story and will be updated.