The former president must come up with some $454 million today to pay for his civil fraud fine.
Donald Trump faces a Monday deadline to post bond while he appeals Judge Arthur Engoron's ruling that the former president has to pay roughly $454 million in penalties for fraud. If he doesn't come up with the money, New York Attorney General Letitia James can begin seizing his assets.Engoron ruled that Trump and top executives at The Trump Organization inflated the value of his assets to obtain more favorable terms from lenders and insurers.
'What is obvious is that if Trump is forced to sell Mar-a-Lago, especially at a fire sale price, it will create an even greater impression in the minds of MAGA voters that Trump's political enemies are out to get him.'Todd Landman, a professor of political science in the School of Politics and International Relations at the University of Nottingham, told Newsweek it is more likely liquid assets will be seized first.
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