-6.1 C
New York
Monday, December 23, 2024

Billionaire known for high-interest loans to car buyers with poor credit is chairman of the insurance group…

Billionaire known for high-interest loans to car buyers with poor credit is chairman of the insurance group that underwrote Trump’s $175 million bond

BY MICHAEL R. SISAKJENNIFER PELTZ AND THE ASSOCIATED PRESS, as published at Fortune

Donald Trump posted a $175 million bond on Monday in his New York civil fraud case, halting collection of the more than $454 million he owes and preventing the state from seizing his assets to satisfy the debt while he appeals, according to a court filing.

A New York appellate court had given the former president 10 days to put up the money after a panel of judges agreed last month to slash the amount needed to stop the clock on enforcement.

More here >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,327FansLike
396,312FollowersFollow
2,330SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x