Trump can't secure $454 million appeal bond in New York fraud case, his lawyers say

StrawberryPigtails@lemmy.sdf.org to News@lemmy.world – 246 points –
Trump can't secure $454 million appeal bond in New York fraud case, his lawyers say
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But he secured the funding through the RNC... more money to appeal everything, and it isn't even his money

No he didn't. They don't have enough money.

In NY State you have to pay up before you appeal. That's to prevent someone just appealing to delay payment.

So he can still appeal, but NY can/will begin liquidating his properties to satisfy his penalty while he waits for his appeal to play out (they'll have taken everything they can by the time his appeal is even heard more than likely - as courts are backed up).

Ah, you're right. He can appeal but it doesn't delay the payment process. He's going nuts because no one will lend him money. He says it's an "inconvenience because he has to sell properties". He should never have had that money in the first place! He owes all those back taxes from lying about the value of his properties.

I saw someone describe it like this:

This is like someone who is convicted of fraud complaining that it's an inconvenience to give the money back.