Former
U.S.
President
Donald
Trump
speaks
after
attending
a
wake
for
New
York
City
Police
Department
(NYPD)
officer
Jonathan
Diller,
who
was
shot
and
killed
while
making
a
routine
traffic
stop
on
March
25
in
the
Far
Rockaway
section
of
Queens,
in
Massapequa
Park,
New
York,
U.S.,
March
28,
2024.
Shannon
Stapleton
|
Reuters
Former
President Donald
Trump has
posted
a
$175
million
bond
in
the
New
York
civil
fraud
case,
preventing
seizure
of
his
assets
while
the
case
is
on
appeal.
The
bond
comes
after
a
state
appeals
court ruled
last
week that
the
former
president
and
his
co-defendants
had
10
days
to
post
the
amount,
which
was
reduced
from
the
$464
million
judgment
that
was
originally
due
March
25.
Before
last
week’s
ruling,
Trump
was liable
for
$454
million,
most
of
the
fraud
judgment,
but
the
amount
he
owed
had
been
growing
by
more
than
$111,000
daily
due
to
added
interest.
Trump
attorney
Alina
Habba
said
Monday
that
the
former
president
would
be
vindicated
on
appeal.
“As
promised,
President
Trump
has
posted
bond.
He
looks
forward
to
vindicating
his
rights
on
appeal
and
overturning
this
unjust
verdict,”
Habba
said
in
a
statement.
If
Trump
doesn’t
win on appeal,
he
will
have
to
pay
more
than
$450
million
from
a
judgment
stemming
from
New
York
Attorney
General
Letitia
James’
fraud
case.
A
judge
found
that
Trump
and
top
executives
at
the
Trump
Organization
had intentionally
engaged in
a
scheme
to
improperly
inflate
his
assets
in
financial
statements
that
enabled
him
to
claim
favorable
loan
and
insurances
rates
that
were
not
entitled
to
him.
