(New York) Donald Trump filed a guarantee of $175 million with the American courts on Monday to avoid legal seizures of his assets after being sentenced to $454 million in fines for financial fraud, according to a court document made public .
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 bond, in this civil case in which he made call.
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 had eased the financial pressure on the Republican billionaire a week ago by reducing the bail to 175 million.
“I deeply respect the decision of the court of appeal and will deposit $175 million […] very quickly, within ten days,” reacted the Republican candidate for the November presidential election.
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 colossally inflated their assets throughout the 2010s to be granted more favorable loans from banks.