Trump posts $175 mn bond in NY civil fraud case, averts seizure of assets

United States former president Donald Trump secured a $175 million bond in his New York civil fraud case on Monday (April 1) and averted the seizure of assets by the state authorities which may have placed his business empire in shambles.

Republican candidate Trump will be facing Democratic President Joe Biden in the general elections to be held in the United States in November. 

On February 16, he was found liable for fraudulently inflating his net worth to secure better insurance and loan terms.

More details to follow soon.

(With inputs from agencies)

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