Despite his candidacy as a presidential candidate for the Republicans having been made official, Donald Trump’s legal problems are still far from being completely resolved. However, the magnate and politician who owns Trump Tower He received good news today: The multimillion-dollar bail he will have to face for a conviction of civil fraud has been practically reduced by half.
Of the 464 million initially established by the New York court, the politician must pay only 175 million within ten days. The decision of the New York justice system has arrived just in time, since today was the deadline to pay the initial 464 million that the state of New York had obtained by confiscating the magnate’s properties.
These 175 million constitute the first of the two bail payments established by the Court: justice is still resolving an appeal by Trump’s defense that will determine whether the presidential candidate will have to face (or not) another high penalty, apart from the one that has suffered a substantial reduction today.
Convicted of manipulating the value of his properties
Both Trump and some of his children have been convicted of artificially inflating the value of some family properties – such as Trump Tower or his residence in Mar-a-Lago – with the aim of accessing greater credit and under more advantageous conditions. The Reuters agency speaks of manipulations that would exceed billions dollars the real value of Trump’s personal wealth and company assets.
Judge Arthur Engoron was in charge of citing the civil ruling on February 16although the presidential candidate stated on social networks that the bail established by the magistrate was “fraudulent”: “It should be zero! I didn’t do anything wrong!”, then stated Donald Trump, who has managed to see that figure reduced.
In the development of this and other court cases, Trump has claimed to be the victim of political persecution: on this occasion, apart from pointing out the judge who handed down the sentence, Trump has also pointed out an alleged “political motivation” of the attorney general of New York, Letitia James, who was part of the Democratic Party before assuming the position of attorney general in 2022.
Donald Trump’s numerous open cases
This bail reduction is not Donald Trump’s first legal victory in recent weeks: earlier this month, the country’s Supreme Court ruled out the disqualification of the politician imposed by the state of Colorado, considering the former president responsible for an act of insurrection during the assault on the Capitol in January 2021.
However, Trump was sentenced by civil law to compensate the writer E. Jean Carroll for a series of offensive comments about this columnist, whom Donald Trump sexually abused. in 1996, as determined by the federal court in Manhattan andn May of last year.
Trump faces this and other litigation in the middle of the election year, after assuming the role of Republican Party candidate against the Democrat Joe Bidenwho will stand for re-election in the presidential elections next November.
