Trump Loses Appeal Over $464M Fraud Trial Fine Payment; Ex-POTUS Had Offered $100M Bond

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Just over 12 hours after winning big in the GOP Michigan primary, Donald Trump lost big today in his desire to hit pause on the $464 million  judgement he owes out of a New York fraud trial In his second swing at getting the big bucks judgement and $112,000 per day in interest personally halted the self-declared billionaire former president and de facto Republican nominee had already been forced to eat crow earlier.

Pulling a typical Trump move, the ex-Celebrity Apprentice host pleaded relatively poverty and admitted that he would be forced to sell some of his real estate properties if the court declined his stay request.

Waiting to file an appeal on the fraud trial Trump and his lawyers had tried to get the court to accept a bond of a much lower $100 million for the court freezing the process.

Associate Justice Anil C. Singh declined. Though the Empire State appeals court did stay the ban on Trump and his sons from serving as corporate directors or obtaining business loans during their greater appeal, Judge Singh wrote that “the interim stay is denied as to the enforcement of monetary judgement.” Trump’s own lawyers estimated in their own paperwork today that the judgement could eventually top $550 million.

Read more on deadline.com
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