Court Lowers Trump’s Bond, Former Pres. Vows to Pay
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Court Lowers Trump’s Bond, Former Pres. Vows to Pay
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Trump now has to pay significantly less for his bond, and he has promised to pay. Perhaps his companies’ recent success on Nasdaq will help with this.
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.
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Trump had previously faced a Monday deadline to pay a $454 million bond payment that came as a result of civil fraud allegations from New York Attorney General Letitia James.
A New York Appeals Court, hours before the deadline to post the $454 million, lowered that bond considerably. The court ordered that Trump post $175 million within 10 days. …
If Trump does post the $175 million by the new deadline, it would effectively block James from attempts to seize Trump’s assets as he continues to appeal the judgment by New York Judge Arthur Engoron. …
Trump said the appeals ruling Monday is “the 5th time in this case that he has been overturned, a record.”
Trump blasted Judge Arthur Engoron, saying “his credibility, and that of Letitia James, has been shattered.”
“We will abide by the decision of the Appellate Division, and post either a bond, equivalent securities, or cash,” Trump said. “This also shows how ridiculous and outrageous Engoron’s original decision was at $450 Million.”
Trump added, in all capital letters: “I DID NOTHING WRONG, AND NEW YORK SHOULD NEVER BE PUT IN A POSITION LIKE THIS AGAIN. BUSINESSES ARE FLEEING, VIOLENT CRIME IS FLOURISHING, AND IT IS VERY IMPORTANT THAT THIS BE RESOLVED IN ITS TOTALITY AS SOON AS POSSIBLE. THANK YOU!” …
Trump has vowed to fight the case “all the way up to the U.S. Supreme Court if necessary.” …
Engoron’s ruling came after a months-long non-jury trial stemming from James’ years-long investigation. James, when campaigning to become attorney general, vowed to “get Trump.” …
Engoron ruled that Trump and other defendants were liable for “persistent and repeated fraud,” “falsifying business records,” “issuing false financial statements,” “conspiracy to falsify false financial statements,” “insurance fraud” and “conspiracy to commit insurance fraud.”
An appeals court overturned Engoron’s ruling to allow Trump and his sons to continue running the family business as they appeal the decision. …
In the comments below, share your continued prayers over Trump’s legal trials.
(Excerpt from Fox News. Photo Credit: Gage Skidmore from Peoria, AZ, United States of America – Donald Trump, CC BY-SA 2.0, Wikimedia Commons)
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Comments
conspiracy to falsify false financial statements,”. if you falisify false statement sent, does that make it true?
Lord be with our presidente Trump give the wisdom he needs to navigate this hard situation and don’t let him get bitter against his enemies because you are in control of this situation. I pray for his enemies and for his family. Amen.
Father, You are completely in charge of our lives, nation and world. You know all things and we trust You. You allowed Pres. Trump into office and we pray for Your will in this next election. There is no authority except from You, and we pray for a man to lead our nation who surrounds himself with Christian people and values. Thank You for this good news of a lowered bond. You answer when we call to You. We smile at Your ways. Continue to use Pres. Trump as You see fit. Give him wisdom and guidance and help him to see Your Hand working and personally believe in Your Son, Jesus Christ. We humbly pray in Your Name. Amen.