Trump posts $175m bond in New York fraud case
By Kayla Epstein
Former US President Donald Trump has posted a $175m (£140m) bond in his New York civil fraud case, staving off asset seizures by the state.
Mr Trump was originally ordered to pay the full $464m judgement against him, but an appeals court said he could pay the smaller sum within 10 days.
He was found in February to have fraudulently inflated property values.
The Republican denies wrongdoing and says the case is a political witch hunt by the Democratic prosecutor.
Last month, in addition to ordering Mr Trump to pay a significant financial penalty, Justice Arthur Engoron barred him from running a New York business for three years.
He was also prohibited from getting loans from New York financial institutions for three years.
The ruling placed Mr Trump, who has said in depositions and on social media that he has $400m or $500m in cash on hand, under a serious financial crunch.
Forbes Magazine currently estimates his net worth at $6.4bn – it more than doubled after the parent company of his social media platform Truth Social went public last week.
