Trump Must Secure Nearly Half-A-Billion Dollar Bond By Deadline

If Trump cannot produce the bond by March 25, the Republican candidate faces the possibility of financial disaster.

Donald Trump must secure an appeal bond for nearly half-a-billion dollars in his civil fraud case in New York.

Trump’s lawyers revealed that he had not been able to secure a bond of $464 million. The bond was imposed after he lost a trial that accuses him of fraudulently inflating the value of his assets to obtain favorable loan terms.

If he cannot produce the bond by March 25, the Republican candidate faces the possibility of financial disaster.

Insurance companies have refused to loan the hefty bond.

Trump could appeal to the state’s highest court, quickly sell an asset or seek help from a wealthy supporter. And if all else fails, he could have the corporate entities implicated in the fraud case file for bankruptcy, which would automatically halt the judgment.

A decision must be made before the deadline or he’ll owe the $464 million to the state of New York.