Trump bond: Lawyers say he is unable to get $464m guarantee in New York fraud case - BBC News

The former president must either pay the full amount in cash or secure a bond to continue his appeal.

5 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesImage caption, Mr Trump's lawyers say they have approached dozens of bond companies but cannot secure oneBy Madeline HalpertBBC News, New YorkDonald Trump cannot find a private company to guarantee the $464m (£365m) he has been ordered to pay in a New York civil fraud case.

The former president must either pay the full amount in cash or secure a bond in order to continue his appeal.

If he is unable to do so by 25 March, he faces the prospect of some of his real estate assets being seized by the state's attorney general.

Mr Trump said that securing a bond of that size was "practically impossible".

For a fee, a bonding company would guarantee the full amount to the New York court.

https://www.bbc.co.uk/news/world-us-canada-68600093

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