Former President Donald Trump faces potential asset seizure if he is unable to secure an appeal bond for nearly a half-billion dollars in his fraud case.
Trump’s lawyers on Monday asked an appeals court to stay the judgment after he was unable to secure the bond despite “diligent efforts,” adding that they were rejected by about 30 bond companies. “If he cannot produce the bond in time, Mr. Trump faces the possibility of financial disaster and humiliation,” The New York Times reported, noting that the former president could have his properties seized by the New York attorney general’s office.
