When will Trump pay his $175 million appeals bond? Here’s what’s next in his civil fraud case

NEW YORK (AP) — Former President Donald Trump got a break this week when an appeals court cut down the amount of money he needs to put up to pause collection while he appeals a $454 million-plus judgment in his New York civil fraud case.

Here’s a look at what happened and what could happen next:

What’s the judgment? How did we get here?

The judgment reflects the $355 million — plus interest and growing daily — that state Judge Arthur Engoron ordered Trump to pay after a months-long trial.

The trial stemmed from a lawsuit brought by state Attorney General Letitia James. She claimed that Trump, his company and key executives engaged in fraud by pumping up the tycoon-turned-politician’s fortune on financial statements that helped secure loans and insurance.

Trump, now once again the presumptive Republican presidential nominee, denied the allegations, as did his co-defendants. The defense said bankers and insurers used the unaudited statements only to inform their own assessments of Trump’s finances, rather than basing business decisions on them. He says the documents understated his wealth, anyway.

Engoron ruled last month for the attorney general. Trump appealed.

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