Tổng Thống Donald Trump đã được đồng ý giảm 464 triệu đô trong phán quyết vì gian lận trái phiếu .

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Tổng Thống Donald Trump đã được đồng ý giảm 464 triệu đô trong phán quyết vì gian lận trái phiếu …Nay Ông có 10 ngày để nộp 175 triệu đô mà thôi..

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Trump wins request to reduce $464 million bond for massive civil fraud judgment. He now has 10 days to post $175 million.

TRENDING

Trump can post lower bond in $464M civil fraud case, court rules

NEW YORK — A New York appellate court on Monday halted collection of a $464 million civil judgment against former President Donald Trump and gave him 10 days to post a $175 million bond in the case.

>> Read more trending news

The ruling came on the day Trump hit a deadline to post bond to cover the judgement leveled against him last month by a judge in New York.

Trump can run businesses in New York, appeals court rules

Update 11:40 a.m. EDT March 25: The ruling issued Monday by the appellate court allows Trump, his adult sons and company officials to serve as officers or directors of New York corporations.

As part of his ruling last month, Judge Arthur Engoron barred former President Trump, Donald Trump Jr., Eric Trump, and former Trump Organization executives Allen Weisselberg and Jeffrey McConney from heading New York businesses for as many as three years.

Court rules Trump has 10 days to post $175M bond

Update 11:30 a.m. EDT March 25: A five-judge panel of appellate court judges ordered that New York Attorney General Letitia James refrain from collecting on the $464 million judgment against Trump, his adult sons, his businesses and company officials so long as he posts a $175 million bond within the next 10 days.

Read the court’s order

Original report: Trump has been appealing the verdict and trying to stop the New York attorney general from collecting on the penalty. His attorneys have argued that securing a bond to cover the massive judgment has proven to be “‘a practical impossibility.’”

Judge Arthur Engoron ordered Trump to pay millions in fines and penalties after finding him, his adult sons, his businesses and Trump Organization officials liable for lying for years about his net worth to get better terms from insurers and lenders. Trump has criticized the ruling, calling it politically motivated and insisting again on Monday morning that he did “absolutely NOTHING WRONG.”

What happens if Trump cannot post a $454 million bond by Monday?

Under New York law, Attorney General Letitia James could have enforced the judgment as soon as it became final last month, The New York Times reported. However, she gave Trump a 30-day grace period, which expires on Monday.

James could still choose to give Trump more time to post the bond, according to The Associated Press.

Trump says he can’t secure $454M bond in civil fraud case

Last month, the attorney general told ABC News that she is prepared to seize Trump’s assets if he’s unable to cover the fine.

“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,” she told the news network.

Judge refuses to halt collection of Trump’s $454M civil fraud penalty during his appeal

Trump has resisted suggestions that he might sell some of his properties in order to cover the fine, saying Monday that he should not “be forced to sell my ‘babies’” due to the ruling and claiming that it was aimed at hurting his bid for the White House.

Trump and President Joe Biden are expected to face-off for a second time in November when voters go to the polls to choose the nation’s next president.

Last week, James’ office took initial steps indicating she might move to seize property from Trump in Westchester County, home to the Trump Organization’s Seven Springs estate and the Trump National Golf Course Westchester, according to CNN and Reuters.

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New York notifies suburban county of Trump fraud judgment as possible se…

New York state Attorney General Letitia James this month made an official notification of the civil fraud court …

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