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Published 15 days ago

Trump posts $175 million bond in civil fraud case, averting asset seizures

  • Trump posted a $175 million bond in his New York civil fraud case to stop collection of the $454 million debt, according to a court filing.
  • More than 30 bonding companies refused to accept cash and real estate as collateral for the bond needed in Trump's case.
  • Trump claims the financial statements used to secure loans undervalued his wealth, denies any wrongdoing, and has faced legal debts totaling millions.
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