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You are here News Politics Donald Trump Can’t Pay $464 Million Bond In NY Fraud Case

Donald Trump Can’t Pay $464 Million Bond In NY Fraud Case

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Cry baby trumpFormer President Donald Trump told a New York State court that obtaining the approximately $464 million needed to meet bond on the appeal of his civil fraud conviction is “a practical impossibility” in a new filing on Monday.

A New York State judge convicted Trump of civil fraud on Feb. 16 for falsifying the business records of his Trump Organization for years. The court ordered Trump to pay $355 million to cover the amount he gained due to his fraud, plus interest. In total, Trump was ordered to pay out more than $464 million.

Trump appealed the decision on Feb. 26. In order for the appeal to move forward, Trump must post bond by providing the court with the full amount owed in judgment.

After “countless hours negotiating with one of the largest insurance companies in the world … obtaining an appeal bond in the full amount … is not possible under the circumstances presented,” Trump’s brief states.

TVNL Comment:  Why not reach in your wallet for some of the $8 billion  you fooled your MAGA crowds into believing you had ???

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