Recently, Americans were shocked to learn the outcome of the civil trial against Donald Trump. A New York judge ruled against the former president. Trump was forced to pay over $460 million—or face strict penalties against himself and his businesses.
This was on top of a ruling that barred him from doing business in the city. Trump had long called the trial a sham—led by a Democrat prosecutor and biased judge.
He recently claimed he had more than enough cash to post this huge bond. But he refused, saying he would use the funds to run his campaign. This week, he appeared before an appeals court to challenge this massive fine. This is how the court just ruled.
From Fox News:
An appeals court slashed former President Trump’s bond payment on Monday, saying Trump must pay $175 million within the next 10 days.Trump had previously faced a Monday deadline to pay a $464 million bond payment that came as a result of civil fraud allegations from New York Attorney General Letitia James…
Trump said he will “abide” by the appeals decision and post the $175 million bond…
Trump blasted Judge Arthur Engoron, saying “his credibility, and that of Letitia James, has been shattered.”
In a massive blow to DA Letitia James’ campaign against Trump, an appeals court slashed the $464 million bond he was required to pay. Instead, the court decided Trump should pay $175 million—while he continues to appeal Judge Engoron’s ruling.
Trump had accused Democrats James and Engoron of trying to bleed him dry of money. This, he said, was proof that these lawsuits against him (all started by Democrats) were meant to derail his reelection campaign.
Democrats will be outraged at this ruling. It is also a good sign that the appeals court will overturn the final judgment from Engoron—which would exonerate Trump and restore this bond to him.
Trump has maintained that this case was biased against him. He was not allowed to submit documentation from banks and investors that his appraisals of his properties were fair. It appears the court already determined he was guilty from the start.
It is possible an appeals court will throw out Engoron’s decision, further disgracing this judge.
Key Takeaways:
- An appeals court slashed the $464 million bond leveled against Donald Trump.
- The court ordered him to post a $175 million bond, to which he agreed.
- This comes as Trump challenges the ruling from liberal Judge Engoron.
Source: Fox News