Donald Trump has 10 days to come up with a $175 million bond in his New York civil fraud case.
After that, he may be on the hook for the full penalty in the case: almost half a billion dollars.
The New York attorney general, Letitia James, sued Trump and the Trump Organization in 2022.
She accused them of committing widespread fraud over a decade by inflating the values of properties, at times by as much as $2 billion a year.
Trump has insisted that since his lenders weren’t stiffed, there were no victims, and that he considers the judgment corrupt.
Persons:
Donald Trump, Letitia James, Trump, James, weren’t
Organizations:
New, Trump Organization
Locations:
New York