Trump Under Pressure: $464M Judgment Deadline Approaches
March 21, 2024Former President Trump is under urgent financial pressure to satisfy a $464 million civil fraud judgment by March 25.
Judge Arthur Engoron has directed the Trump Organization to report on attempts to secure a bond and appointed a monitor, former federal Judge Barbara Jones.
New York Attorney General Letitia James has registered a $454 million judgment, with the power to seize Trump's properties if the penalty is unpaid.
The Trump legal team is contesting James' actions to block an appeal and potentially force property sales for the bond, but the outcome of the appeal is pending.
Without a posted bond or successful appeal intervention, Trump's assets may be seized starting Monday.
Trump remains a competitive political figure, closely trailing President Biden in polls for the 2024 US election.
Summary based on 48 sources
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Sources
The New York Times • Mar 21, 2024
Biden Widens His Financial Lead Over TrumpThe Guardian • Mar 21, 2024
Trump pleads with supporters for cash to help pay soaring legal billsBloomberg • Mar 21, 2024
Trump Civil Fraud Case: NY Poised to Seize Westchester Assets If Bond Not Posted