Trump has hours to cover $454 million judgment or risk property seizure
NEW YORK – Donald Trump faces a Monday deadline to post a bond to cover a $454 million civil fraud judgment or face the risk of New York state seizing some of his marquee properties.
The case cuts to the core of his public image as a prosperous businessman. Trump rose to fame as a developer of flashy properties like Manhattan's Trump Tower and often boasts of his financial success - even though his companies have at times struggled. A Monday hearing in a Manhattan courtroom could determine a trial date for former US President Donald Trump, who faces New York State criminal charges of falsifying business records to hide hush money payments to an adult film star.
Trump has denied wrongdoing and called the case politically motivated. The first former US president ever to face criminal charges, Trump has been indicted in four separate cases, pleading not guilty in each. "I will be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices," Trump wrote on social media last week.
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