The New York Court (USA) has agreed to let former President Donald Trump postpone payment of a $464 million fine in a lawsuit related to inflated property values. In return, Mr. Trump will have to pay a guarantee fee of 175 million USD to temporarily suspend the enforcement of the judgment for 10 days.
According to American media, the latest ruling of the New York Court of Appeals is considered a victory in the effort to handle the legal problems of former President Donald Trump. Mr. Trump said he respects the above decision and will soon pay 175 million USD in cash or bonds.
The verdict was issued on the same day as New York Attorney General Letitia James prepared to confiscate Mr. Trump's real estate assets and bank accounts, to meet the fine if it comes to March 25 (local time). method), the former President's legal team could not settle.
Last month, federal judge Arthur Engoron in New York state ruled that Mr. Trump must pay a $354,9 million fine and interest, accusing Mr. Trump and others of being involved in His company was responsible for a decades-long scheme of using fake real estate, inflating and manipulating property values to obtain loans and preferential insurance interest rates.
The judge concluded that Mr. Trump and others earned more than $364 million through this scheme. Mr. Trump and his legal team then filed an appeal, but US law still requires him to pay a fine during the appeal period.
In other developments, the New York Times said that New York Supreme Court judge Juan Merchan also set a date for April 15 to start the criminal trial of Mr. Trump paying money to "silence" the star. Stormy Daniels porn. This will be the first criminal trial in history of a former US President. In this case, Mr. Trump was accused of falsifying business records related to the above money. Mr. Trump's lawyers are seeking to delay this trial beyond Election Day. If Mr. Trump is re-elected, the lawsuits against him will likely end.
According to Bloomberg news agency, Mr. Trump's net worth suddenly increased by more than 4 billion USD, bringing his current total assets to about 6,5 billion USD. This is the result of the merger between social media group Trump Media & Technology and Digital World Acquisition Corp (DWAC).
Mr. Trump owns nearly 80 million shares, equivalent to 58% of the shares of Trump Media Group - the company that operates the social networking site Truth Social. DWAC's stock price increased 35% in the trading session on March 25 to 3 USD/share, bringing the total value of shares owned by Mr. Trump to 49,95 billion USD.
KHANH HUNG
