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Trump cannot line up full bond in New York fraud case, offers to post $100 mln

TangoNoCash

TangoNoCash

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abcnews.go.com

Court denies Trump's bid to freeze $464M judgment, after his lawyers say he'd have to sell properties to pay

An appellate court has denied Donald Trump's attempt to freeze his civil fraud judgment, a ruling that'll require him to post a bond for hundreds of millions of dollars.
abcnews.go.com abcnews.go.com

Lawyers for former President Donald Trump are seeking to pause the enforcement of the penalties in his civil fraud trial, telling the court that he intends to post a bond of only $100 million -- well short of the $464 million judgment ordered by Manhattan Supreme Court Judge Arthur Engoron.
...
"The exorbitant and punitive amount of the Judgment coupled with an unlawful and unconstitutional blanket prohibition on lending transactions would make it impossible to secure and post a complete bond," defense lawyers wrote in the filing. "Appellants nonetheless plan to secure and post a bond in the amount of $100 million."
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The filing cited "the Attorney General's public threats that she will seize Appellants' real property forthwith to satisfy the Judgment," a reference to remarks New York Attorney General Letitia James made during an interview with ABC News.

"If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets," James told ABC News last week.
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It looks like Trump is going to have dump some property. Him running out of cash is going to have implications for paying E Jean Carroll as well.
 
C'mon all you Trump boot lickers, you've already peddled your souls for Donald Trump. Dig deeper. Drain those bank accounts. Tap into your 401k. Start liquidating your fungible assets.

Trump needs you 🎻
 
SMTA said:
Send Trump mo money, mo money, mo money😂💵💰
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That show was friggin' genius.
 
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