Politics

Trump Struggles to Secure Bond for Civil Fraud Penalty, Growing Frustration Evident

Amid the looming deadline for a $464 million civil fraud penalty against him, Donald Trump faces challenges securing a bond, leading to frustration within his inner circle, according to sources familiar with the situation.

With Monday’s deadline approaching, Trump is seeking financial backing not only for his campaign but also to secure the required bond. Failure to do so could result in the seizure of his assets by the state of New York, including properties like Trump Tower and his resorts.

Despite efforts by Trump’s legal team to secure the bond, they have deemed it a “practical impossibility,” prompting a petition to pause enforcement of the judgment, which is currently pending before an appellate court.

While Trump’s attorneys strategize potential appeals and implications of asset seizure, his campaign has capitalized on the situation, framing it as unfair targeting by Democrats and using it as a rallying cry for fundraising.

Although the prospect of asset seizure could further energize Trump’s supporters, questions linger about the impact on his financial standing and legal battles.

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