Article 6KS1X Trump posts $175m bond in civil fraud case and averts asset seizures

Trump posts $175m bond in civil fraud case and averts asset seizures

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Reuters
from US news | The Guardian on (#6KS1X)

Former president was found liable in February for fraudulently inflating his net worth to secure better loan and insurance terms

Donald Trump posted a $175m bond in his New York civil fraud case on Monday, averting asset seizures by state authorities that could have hobbled the former US president's business empire.

Trump, to face Joe Biden in the November US election, was found liable on 16 February for fraudulently inflating his net worth by billions of dollars to secure better loan and insurance terms.

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