Donald Trump was found to have deceived banks and insurers for years by inflating his wealth on financial statements used to secure loans and make deals.
Donald Trump is running out of time to post a bond to cover a $464m civil fraud ruling - or face the risk of New York state beginning to seize some of his assets. The former US president, who is seeking to regain the White House later this year, must either pay the money out of his own pocket or post a bond by Monday's deadline while he appeals against Justice Arthur Engoron's February judgment.
In some cases, the values reported by Trump were disputed in the New York civil case, which the real estate billionaire plans to appeal against. In a social media post last Friday, Trump said he has 'almost five hundred million dollars in cash'. In an April 2023 deposition with New York attorney general Letitia James, he said he had 'substantially in excess of 400 million in cash'. A financial statement for 30 June 2021 submitted to the court by Trump showed he had $293.
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