The Apprentice, a ‘golden escalator’ presidential launch and some notorious guests – Trump Tower has seen it all
Donald Trump could be about to lose some of his most prized real estate assets after his lawyers revealed that he is struggling to secure the $464m bond needed for his civil fraud judgement in New York.
Last month, Judge Arthur Engoron ordered Mr Trump to pay around $354m in fines and a further $110m plus in interest for misrepresenting the value of Trump Organization assets between 2011 and 2021 in order to obtain favourable loans from banks and insurers.
The luxury property tycoon turned Republican president now has until Monday 25 March to find the money if he wishes to appeal the ruling.
With interest ticking ever-upwards at 9 per cent or $120,000 a day, the exact total he owes at the time of writing, according to the helpful Trump Debt Counter website, has topped $468.1m.
If he can begin freezing his bank accounts and seizing his real estate assets.
