Trump unable to get $464M bond in New York fraud case

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Donald Trump cannot find a private company to guarantee the $464m (£365m) he has been ordered to pay in a New York civil fraud case. Mr Trump’s lawyers said on Monday that securing a bond of that size was a “practical impossibility”. They would then have to pay it if Mr Trump loses his appeal and cannot do so himself. Mr Trump’s two eldest sons also must pay millions of dollars in the case. According to a Forbes estimate, Mr Trump is worth about $2.6bn.

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