Trump: will be ‘honor’ to post $175M fraud case bond after appeals court cuts funds due from $454M
March 25, 2024
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0:34Now PlayingTrump: will be ‘honor’ to post $175M fraud case bond after appeals court cuts funds due from $454M
YouTube Description
as posted by the channelDonald Trump was granted a partial reprieve as an appeals court drastically cut the $454 million bond he was required to post in his New York civil fraud case Monday — and the ex-president said it would be his “honor” to put up the lower amount.
A five-judge panel reduced the massive amount to $175 million — a cut of nearly 62% — and gave Trump 10 days to come up with the funds, according to a brief decision handed down by the Appellate Division, First Department, on Monday morning.
“It will be my honor to post, and we’ll post whatever is necessary, whether it be cash, security or bond,” Trump, 77, told reporters as he walked out of Manhattan court for a hearing in his separate “hush money” criminal case.
The embattled presumptive Republican presidential nominee had been required to fork over the money or post a bond for $454 million by Monday as he seeks to appeal the massive judgment ordered against him by Manhattan Supreme Court Justice Arthur Engoron last month.
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