Appeals Court Bails Trump Out of Having to Post Massive Fraud Bond
Appeals Court Bails Trump Out of Having to Post Massive Fraud Bond
A New York appeals court has blocked the collection of Donald Trump's fraud judgment, ruling that he has 10 days to post a $175 million bond.
Donald Trump was supposed to have to post a $464 million bond by Monday or else the state of New York could begin collecting on the massive civil fraud judgment leveled against him earlier this year. An appeals court bailed him out, blocking collection of the judgment and giving the former president 10 days to post a drastically reduced $175 million bond.
The order is a huge win for Trump, whose assets were going to be subject to seizure if he couldn’t post nearly half-a-billion dollars by Monday. His lawyers said last week he wasn’t going to be able to come up with the money after 30 underwriters rejected him. The New York Times has reported that Trump is expected to be able to scrounge the new, reduced $175 million bond
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YOU HAVE GOT TO BE FUCKING KIDDING ME
The legal system is doing EVERYTHING it can to delay literally everything for this man, just so that election time will creep closer and closer and they can just say, "oh it's too close to election time and we can't just cancel a Presidential candidate in the midst of all this".
These exceptions will never be given to any normal citizen of the US, but when it's this rich orange idiot, every rule in existence will bend.
May Trump and his VP pick both have fatal heart attacks late September/early October
Tomorrow would also work. Or today.
I aim for Late September so the GoP are in a panic trying to replace him so late in the election season and eat themselves alive
Perhaps just a debilitating stroke, that cripples him into a wheelchair, and finally inhibits that disgusting portion of his brain that knows no shame, so is forced to finally realize the culmination of his life is an enormous steaming pile of corrupted bullshit.
It’s pretty funny seeing his supporters and himself claim that the whole system is against him and that this is all some unfair witch hunt, and then turn around and see that he is constantly getting special treatment in the news.
That’s how they justify his innocence. When a corrupt system exonerates a corrupt piece of shit, but you they to acknowledge the corruption in either-
It’ll appear as if justice is being carried out and their corrupt piece of shit walks free.
Yep, trump is not the only person on trial here. You can't set a precedent that actually punishes financial fraud to the point where you can't actually profit from it when you're eventually caught.
Trump isn't the only real estate tycoon in NYC who has been fraudulently inflating the value of their assets. It would be uncomfortable for the judges to have to make a similar decision in the future to campaign donors.
Tbf the law works both ways. They cannot drop the charges to give him favor in the elections either. After the elections however, if he's the president...
They cannot drop the charges to give him favor in the elections either.
Doubt.
The rule of law only matters when the law is enforced.
My claim was according to the law, not whether the law would be followed or not.
I actually thought something like this was going to happen, since it has happened before, per another comment I read earlier.
Some corporations were told to post billions in appeals bonds, and in the end they were reduced to a fraction of it.
So, while disappointing, I wasn't completely surprised of this event.
I’m slightly less mad now that I know this has precedent. I’m still fucking furious that the only precedent I’ve heard about is corporations and Trump, since the law should be equally applied regardless of absolute amounts of money and I’m pretty sure that someone living in poverty isn’t going to get the same treatment for a $50k (or whatever is a proportional amount) judgement against them.
FUCKING SHIT. I SWEAR TO FUCK. CANT HE BE HELD ACCOUNTABLE FUCKING EVER!?!? JUST THE CLASSIFIED FUCKING DOCUMENTS SITUATION SHOULD OF HAD HIS ASS IN JAIL LIKE DISCORD BRO. FUCK.
You had to have seen it coming.
What was going to happen, he fails to post bond like any other schmuck and goes to jail?
That wasn’t what was at stake here. Trump was already found guilty, he wasn’t bonding out of pretrial detention he was having to post bond in order to appeal the ruling, which typically requires the person making the appeal to post a bind to make sure they don’t spend all their money fighting on appeal, just to lose the appeal and not have any money left to pay the original judgement.
So my expectation was that yes, he would have to follow the same court rules as everyone else and put up the bond in order to appeal. While I do think we should get rid of requiring pretrial detention bond, I don’t necessarily see an issue with requiring pre-appeal bond. I don’t know, you don’t want to create a situation where you’re means testing the right to appeal, but you don’t want people to indefinitely delay enforcement of judgement against them or to allow them to spend away their ability to pay the judgement on appeals. Maybe forcing either the entirety of the judgement to be paid into a more traditional escrow account, or a payment plan for the judgement to be accepted and that paid into escrow, before an appeal can be started?
Any way you cut it though, I can’t fault this chuckle fuck for playing the court game but I’m fucking incensed the court is enabling it.
Thanks for explaining more about the shitty us "justice" system
The entire country is captured. Trumps reelection is almost guaranteed at this point.
Shut up, propagandist. Go back to reddit.
Hush urself lil lima bean we all know u work for big bean. Go back to Lima.
Lol