Former President Donald Trump has much to celebrate as a New York appeals court reduced his fraud bond to $175 million.
Trump, who recently lamented the potential seizure of his properties and assets, was also granted an extension to his deadline, allowing him more time to cover his bond.
Donald Trump’s Bond Reduced From $454M To $175M
MEGAAccording to several reports, a New York appeals court has reduced the bond that ex-president Donald Trump must put up in response to his New York civil fraud trial brought against him by NY AG Letitia James.
Trump’s bond was taken down from $454 million to $175 million. The billionaire has also been given a 10-day extension to find the money he needs for the bond.
In February, Judge Arthur Engoron ruled that the Republican frontrunner should be fined approximately $355 million for falsifying his business documents to increase the worth of his assets.
As the deadline for the payment drew near, the pressure caused Trump to go on a tantrum online, as he slammed the possibility of his properties being seized if he failed to pay the fine.
Donald Trump Slammed Judge Arthur Engoron And AG Letitia James
MEGAA few hours before the previous deadline, Trump took to his social media platform, Truth Social, to blast the New York judge and the Attorney General involved in his New York civil fraud case.
“Why should a Crooked, highly political New York Judge, Arthur Engoron, working in concert and coordination with an even more Corrupt Attorney General, Letitia’ Peekaboo’ James, his Puppet Master, and the White House, be allowed to take away, and sell off, very successful properties and assets that took me years to zone, build and nurture into some of the best of their kind anywhere in the World – WHEN I HAVE DONE NOTHING WRONG!,” Trump fumed.
He added that the fine was “ridiculous and completely unheard of” and that it was only imposed because they saw a “similar amount” in his bank account.
The 77-year-old further claimed that the money was meant for his re-election campaign, alleging that the imposition of the fine was a deliberate attempt to thwart his plans.
He continued, “I had intended to use much of that hard-earned money on running for president. They don’t want me to do that—ELECTION INTERFERENCE!”
