Trump fails to acquire bail for $454 million civil fraud judgment as asset raids approach.

New York (Reuters) On Monday, Donald Trump's lawyers said 30 surety companies rejected his bail request to cover a $454 million 

verdict in a New York civil fraud lawsuit, putting him closer to having his assets taken.

The former president must pay the cash or post a bond to avoid the state's seizure while appealing Justice Arthur Engoron's 

Feb. 16 ruling for misstating property valuations to deceive lenders and insurers.

Trump, two of his adult children, and other Trump Organization executives had unsuccessfully sought 30

companies through four brokers, his lawyers said. The other defendants face $10 million judgments.

 

If Trump loses his appeal and cannot pay, a bonding business would pay

 

In September 2022, New York Attorney General Letitia James filed the case, one of several legal issues the businessman-turned-Republican politician faces as he seeks

 

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