Donald Trump’s assets under threat as he ‘can’t find $557m bond’, his lawyers say | US News

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Donald Trump cannot find the $557m (£438m) bond he needs to pause enforcement of a civil fraud trial judgement against him because it is too much money, his lawyers have said.

The former president was fined $454m (£356m) after being found guilty of scheming for years to deceive banks and insurers by inflating his wealth on financial statements used to secure loans and make deals.

If he is unable to find the bond amount, his assets could be seized instead, starting as soon as next week.

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Biden takes aim at Trump

Last month, in a New York state appeals court, Judge Arthur Engoron ruled he must post a bond…

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