Donald Trump posts a $175 million bail to prevent asset seizures

As promised, Donald Trump paid $175 million in bail to stay the execution of a significant civil fraud decision while he appealed it. This ensures that New York State will not begin taking the former president’s assets, at least not right away.

The $454 million fine imposed by a judge in February on the real estate tycoon for lying about his assets for years in order to get better credit conditions is prevented from being enforced by the bond, which was placed with a Manhattan appeals court on Monday.

If his appeal is denied, Trump, who is running for president again in November, would still be liable for the whole sum. The bond was negotiated by a Trump-supporter-owned vehicle insurance firm located in Los Angeles.