Trump is breathing a sigh of relief for now.
On Monday night, the former president officially posted the $175 million bond in his New York civil business fraud case.
Trump’s payment comes one week after an appeals court allowed the leading presidential candidate to post a significantly lower bond.
“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,” Trump wrote on Truth Social.
Trump raged against Engoron and James in his post on Monday night, calling the case brought against him “election interference” and a “witch hunt.”
“The case was a fabricated ELECTION INTERFERENCE con job, so bad for New York, where businesses are fleeing & violent crime is flourishing,” said Trump. “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!”
Judge Engoron ruled in agreement with New York Attorney General James in February after James brought civil charges against Trump, alleging the former president inflated his net worth and misled investors. In his judgment, Engoron ordered Trump to pay $350 million, which increased to $464 million, including interest, and also ordered Trump’s co-defendants to pay $10 million.
Prior to last week’s appeals court decision, Trump would’ve had to pledge 120%, or around $550 million, in collateral to a bond company, an amount his lawyers said last week would be “a practical impossibility” to attain.
