Trump unable to get $464m bond in New York fraud case, his lawyers say | BBC News

8 months ago
42

Donald Trump cannot find a private company to guarantee the $464m (£365m) he has been ordered to pay in a New York civil fraud case.

The former president must either pay the full amount in cash or secure a bond in order to continue his appeal.

Mr Trump's lawyers said on Monday that securing a bond of that size was a "practical impossibility".

For a fee, a bonding company would guarantee the full amount to the New York court.

Subscribe here: http://bit.ly/1rbfUog

For more news, analysis and features visit: www.bbc.com/news

#US #BBCNews

Loading comments...