He gave himself a respite. Donald Trump filed a $175 million guarantee with the American courts on Monday, avoiding the humiliating prospect of legal seizures of his assets after his conviction to pay $454 million in fines for financial fraud in February, according to a court document released audience.
The former President of the United States, candidate for his return to the White House, had until Thursday to post this guarantee covered by an insurance company and which is equivalent to a deposit, in this civil case in which he made call.
This guarantee gives him a breath of fresh air, while he must be tried from April 15, on criminal charges this time, in a case of hidden payments to cover up embarrassing affairs in 2016, a historic first for a former American president . A New York appeals court eased the financial pressure on the 77-year-old Republican billionaire a week ago by reducing the bail in the civil case to 175 million.
“I deeply respect the appeals court’s decision and will deposit $175 million […] very quickly, within ten days”, reacted the Republican candidate for the November presidential election, who increased virulent attacks against his judges in the cases in which he is being prosecuted.
Soon on trial
Donald Trump was sentenced in mid-February to $454 million in fines with his sons Eric and Don Jr., for financial fraud within their real estate empire Trump Organization.
They were accused of having inflated the assets of their real estate assets, such as the Trump Tower or the 40 Wall Street building in New York, to the tune of several billion dollars throughout the 2010s to be granted larger loans. favorable from the banks. After the conviction, New York State Attorney General Letitia James threatened to launch legal seizures to recover the value of the fine, citing the building at 40 Wall Street.
The legal obstacle course is, however, far from over for the former President of the United States, who flew through the primary for his party’s presidential nomination and will face, barring any surprises, Joe Biden in November, because he sees There are still four criminal cases before him.
In court on April 15
From April 15, he will have to appear in a New York court in a case of hidden payments to avoid embarrassing revelations during the 2016 presidential election, including $ 130,000 to buy the silence of a former porn star about a relationship alleged that Donald Trump refutes.
At the end of this trial, Donald Trump theoretically faces up to a prison sentence if he is found guilty, an unprecedented scenario for an American presidential candidate.
In this case, Judge Juan Merchan, who will preside over the trial, sent a call to order to Donald Trump on Monday, prohibiting him in a written decision from attacking his family or that of Manhattan prosecutor Alvin Bragg, after the former president broadcast attacks against the magistrate’s daughter on social networks at the end of last week. A few days earlier, the judge had imposed initial speech restrictions on the Republican candidate, who continues to denounce a legal “witch hunt” against him.
The former president must also be tried in two cases, in Georgia and in federal court in Washington, for his alleged illegal attempts to overturn the results of the 2020 presidential election, and in another case of handling classified documents upon his departure from the White House in 2021. But the holding of trials in these three cases before the presidential election is uncertain, after several postponements due to appeals filed by Donald Trump’s lawyers.