Trump has managed to cling onto his property empire after posting $175m bond. What happens next?
Donald Trump has paid the $175m bond in his New York civil fraud case, a week after he was handed an extraordinary lifeline when deadline day dawned for the payment in full of the $464m judgement against him.
On 25 March, a panel of state Appellate Division judges unexpectedly granted the Republican presidential candidate a 10-day extension to pay a portion of the total, which he has now done with the help of California’s Knight Specialty Insurance Company.
Judge Arthur Engoron ruled in February that Mr Trump was liable for a decade-long scheme that saw the value of Trump Organization assets routinely inflated in order to obtain favourable loans from banks and insurers, ordering him to pay $354m in fines and a further $110m plus in.
