New York, February 23 (RHC)-- New York Judge Arthur Engoron denied Donald Trump’s request to delay payment of the $455 million he was ordered to pay last week for illegally inflating the value of his business assets.
Donald Trump had requested a monthlong delay before the civil fraud penalty is enforced, but Judge Engoron noted Trump’s lawyers “failed to explain, much less justify, any basis for a stay.”
The former U.S. president will now have 30 days to post bond and appeal the ruling. Earlier this week, New York Attorney General Letitia James said she is prepared to seize Trump’s New York properties if he fails to come up with the money.
