Trump Faces Challenges Posting $464 Million Bond in Civil Fraud Case

Former President Donald Trump said Tuesday that the $454 million bond required to appeal the civil fraud judgment against him could force a fire sale of his real estate.

Donald Trump hit back Monday night after his lawyers revealed he couldn't pay his $464 million fraud trial bond.

In a post to Truth Social, he claimed that it wasn't that he couldn't find a company willing to underwrite a bond of that amount of money — it's that no company possibly could.

His lawyers told the court earlier that day that they had approached 30 underwriters to back the bond, which he needs to pay by the end of the month. And none of them were willing to do so, claiming that property he was offering as collateral wasn't sufficient.

Former President Trump argued Tuesday he would have to take extreme measures in order to pay a $464 million bond due next week in his New York civil fraud case, such as selling some of his properties for cheap “fire sale” prices.

Trump blasted New York Judge Arthur Engoron, who ruled against the former president in the fraud case, in a Truth Social post objecting to having to post the bond.