Trump gets civil fraud conviction postponed, avoids asset seizure
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Manage episode 409595204 series 3485218
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Donald Trump won an appeal to put his $454 million civil fraud conviction on hold if he posts $175 million bail within 10 days, in a victory for the former US president that blocks authorities from taking steps to seize his assets.
The decision by a mid-level state appeals court eases an acute cash crunch for Trump, who has said he would be forced to sell assets to post bail in the case.
The ruling delays enforcement of a judgment in a case in which Trump was found to have exaggerated his wealth to mislead investors and lenders, though it does not indicate how the appeals court might ultimately rule or address the merits of the case.
Learn more in this week's 4G special ➡️ https://4gi.tv/trump-gets-civil-fraud-conviction-postponed-avoids-asset-seizure/
#DonaldTrump #USJustice #Politics #4GiTV
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https://www.youtube.com/watch?v=TrEiHMCDG-s
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The decision by a mid-level state appeals court eases an acute cash crunch for Trump, who has said he would be forced to sell assets to post bail in the case.
The ruling delays enforcement of a judgment in a case in which Trump was found to have exaggerated his wealth to mislead investors and lenders, though it does not indicate how the appeals court might ultimately rule or address the merits of the case.
Learn more in this week's 4G special ➡️ https://4gi.tv/trump-gets-civil-fraud-conviction-postponed-avoids-asset-seizure/
#DonaldTrump #USJustice #Politics #4GiTV
...
https://www.youtube.com/watch?v=TrEiHMCDG-s
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