Donald Trump Rages at Judge After Posting $175 Million Bond

Donald Trump lashed out at the judge in his New York civil fraud case after he posted a $175 million bond on Monday.

"I've just posted a 175 Million Dollar Bond with the sadly failing and very troubled State of New York, based on a Corrupt Judge and Attorney General who used a Statute that was never used for this before, where no Jury was allowed, my financial statements were conservative and had a 100% perfect caution/non-reliance clause, there were no victims (except me!), there was no crime or damage, there was only success and HAPPY BANKS," the former president wrote in a post on his Truth Social platform.

Trump is fighting to overturn Judge Arthur Engoron's February ruling that he lied for years about his wealth in order to secure favorable loans and make deals. He was ordered to pay almost $355 million in penalties plus nearly $100 million in interest.

Trump
Former US President Donald Trump seen taking his seat during an event. The former president took aim at Judge Engoron and Letitia James after posting his $175million bond. TOLGA AKMEN/AFP via Getty Images

Trump posted the bond to halt collection of the more than $454 million he owes and prevent the state from seizing his assets while he appeals. A New York appellate court had given him 10 days to put up the money after judges agreed last month to reduce the amount needed to stop enforcement on the judgment.

The state courts' Appellate Division has said it would hear arguments in September, but a specific date has not been set.

Trump denies wrongdoing, saying the financial statements actually lowballed his fortune.

"As promised, President Trump has posted bond. He looks forward to vindicating his rights on appeal and overturning this unjust verdict," Alina Habba, one of Trump's lawyers, told The Associated Press. Habba has been contacted for further comment via email.

Trump also railed against New York Attorney General Letitia James, a Democrat who brought the lawsuit against Trump on the state's behalf, on Monday.

Before the appeals court intervened to lower the required bond, James had been set to initiate efforts to collect the judgment, possibly by seizing some of Trump's properties.

"The case was a fabricated ELECTION INTERFERENCE con job, so bad for New York, where businesses are fleeing & violent crime is flourishing," Trump added on Truth Social.

"The Crooked Judge, to suit his narrative, valued Mar-a-Lago, in Palm Beach, Florida, at $18,000,000, when it is worth 50 to 100 times that amount. He ruled I was guilty before he ever saw the case. He should be disbarred, and Letitia James, who campaigned on getting TRUMP, Impeached. Also posted a 91 Million Dollar Bond on another New York Fake Case, money I can't use on my campaign. Just what Crooked Joe wanted. WITCH HUNT!" James' office has been contacted for comment via email.

It comes as Trump, the presumptive Republican presidential nominee, is fighting several civil cases as well as four criminal indictments while campaigning to reclaim the White House.

A case in New York is set to be the first of the four criminal cases to go to trial on April 15. That case centers on allegations that Trump falsely logged payments to Michael Cohen, then his lawyer, as legal fees when they were to reimburse him for money paid to bury allegations of extramarital sexual encounters during the Trump's 2016 campaign.

Trump pleaded not guilty last year to 34 counts of falsifying business records, a felony punishable by up to four years in prison. He denies all wrongdoing.

Update 4/2/24, 3:15 a.m. ET: This article has been updated with additional information.

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Khaleda Rahman is Newsweek's Senior News Reporter based in London, UK. Her focus is reporting on abortion rights, race, education, ... Read more

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