Trump Says He May Have to Hold ‘Fire Sale’ of New York Properties

The former president, his company and his co-defendants must post a total bond of $557.5 million to appeal the verdict in his fraud case.

Republican presidential candidate and former President Donald Trump speaks during a campaign event at the Winthrop Coliseum in Rock Hill, S.C., on Feb. 23, 2024. Alex Wong/Getty Images

Former President Donald Trump revealed that he may have to hold a “fire sale” of his properties to pay his bond next week while appealing his $464 million New York fraud verdict.

Earlier this year, New York Supreme Court Judge Arthur Engoron ruled that the former president defrauded banks and insurance companies, ordering him to pay the hefty fine. His lawyers told the court earlier this week that he would be unable to secure the full bond by next week’s deadline.