It Seems Trump Still Has No Idea How to Post That Massive Fraud Bond

MicroWave@lemmy.world to politics @lemmy.world – 362 points –
It Seems Trump Still Has No Idea How to Post That Massive Fraud Bond
newrepublic.com

Donald Trump still hasn’t posted bond in his New York civil fraud trial, but his lawyer Alina Habba wants you to know that it’s definitely not because they’re having trouble getting the massive amount together.

The former president was fined $354 million for committing real estate–related fraud in New York. In order to appeal the decision, Trump must post a bond of the full amount plus interest—which has already reached nearly $467 million, with interest adding $112,000 per day.

When asked Wednesday if Trump was any closer to posting bond, Habba had a very clear answer that raised no red flags.

“Yeah, no, unfortunately I can’t speak to that. That’s privileged, and I am the attorney, one of the attorneys on that case,” Habba told Fox News, stating the obvious.

She quickly pivoted to attacking the case altogether, calling the judgment “absurd” and expressing hope that an appeals court would overturn it.

67

You are viewing a single comment

When the actual fuck does the government go "you have not paid, we will start taking the money"?

Cause they will happily garnish your wages and take money from your bank account.

March 25th is the deadline for this judgement. The judgement was made on Feb 16th, so that is basically 5 weeks plus a day or so to account for the weekend. Decision was made on a Friday, deadline is a Monday.

What happens on March 26th if there's still no payment or bond?

New York will seize his properties in New York.

I would love it if NY seized his properties and turned them all into low-income housing.

Not that there’s anything wrong with low-income housing. It would just kill Trump to see his 🖐️ tremendous 👌 properties being inhabited by poors.

I would love it too but my only concern is that they might legally still have to keep the trump name and the morons who vote for him would think Trump I's doing that out of the goodness of his heart. I've read in the sale of some of his older properties they've had to keep the name and are currently trying to sue to change it.

I'll believe he's suffered consequences when I see his kids stuffing him down an open grave.

If he dies before facing consequences, the world will still be a worse place, because he’ll have shown all the other sociopaths how to get away with it.

If he dies before facing consequences, the world will still be a worse place, because he’ll have shown all the other sociopaths how to get away with it.

Would the world really be a worse place if sociopaths started dying so they could escape consequences?

In this case, yes. These cases have the potential to set precedents that would pave the way for future charges if someone else decides to copy him. This is what should have happened with Nixon.

He’s showing all the other assholes how to avoid getting in any meaningful trouble is bad for all of us, yes, even after the scumbag is gone. That’s why he needs to be held accountable for the insurrection and vote manipulation. So the next asshole doesn’t try it

Everyone knows already how to get away with it.

Be rich...

As opposed to continuing to live with no consequences other than forced to attend the occasional courtroom hearing? You or I would have been jailed instantly and forever for leading an insurrection against the United States. Everyone can see there are zero consequences.

Yeah that was my point. Him dying doesn’t have anything to do with consequences (other than having a shitty lifestyle, and forgetting to take his statins).

I believe there is a little leeway in there to allow for an appeal? He’s getting charged interest though, so it’s not like he’s off the hook.

The bond is needed before you can appeal. It's like an escrow.

Yes absolutely, but the bond isn’t required immediately after the initial judgment, you have some time after the judgment to provide the bond (before making the appeal of course.)

There is likely a deadline like 90 days or 180 days or something to allow someone to pull together the finances to pay such a judgement. In New York you must post the bond before appealing so it isn't leeway for an appeal which could take way longer.

I meant pretty much what you are saying. He doesn’t have to pay (post bond) yet because he can still appeal. He has to pay (post bond) before he can appeal, and there is a period of time between the end of the initial case, and the time within which he can start an appeal.