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A New York appeals court has agreed to hold off collection of former president Donald Trump’s $454m (£359m) civil fraud judgment – if he puts up $175m (£138m) within 10 days.

The former US president had been facing a deadline on Monday to post the bond for the initial ruling, which he was given for grossly inflating his net worth.

He has 10 days to post the new bond after winning an extension to the deadline.

In a post on his Truth Social platform, Mr Trump said he will abide by the decision and post either a bond, equivalent securities, or cash.

Mr Trump, who is seeking to regain the White House later this year, originally faced a looming deadline on Monday to pay the full sum out of his own pocket or post a bond while he appealed against Justice Arthur Engoron’s February judgment.

Mr Trump was found to have deceived banks and insurers for years by inflating his wealth on financial statements used to secure loans and make deals.

In a separate case on Monday, Mr Trump’s lawyers were seeking a delay in a New York state criminal trial over hush money-related charges – but the judge ruled it will begin on 15 April with jury selection.

Mr Trump has denied wrongdoing in all the cases against him.

Trump in court – live updates and reaction

Here, we take a look at Mr Trump’s assets and income – and what may happen if he fails to pay up in time.

If he misses the deadline, what happens?

The state of New York could start seizing the tycoon’s assets.

Some experts believe seizing his bank accounts would be easier and relatively quick compared to dealing with his properties.

A US marshal can simply be asked to take a court order to a bank holding Mr Trump’s money.

The process involving properties is more complicated, legal experts say.

Alan Sash, a New York lawyer, said: “Seizing a property is a poor way to describe it, because it gives the impression that someone goes and grabs it.

“It’s not like that at all. It’s slow and methodical.”

However, the New York attorney general will be able to go after any properties Mr Trump owns in order to satisfy the judgment – although the process is likely to be more complex for properties outside of New York.

FILE PHOTO: A general view of Trump Tower in New York City, U.S., October 1, 2023.REUTERS/David 'Dee' Delgado/File Photo
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Pic: Reuters

How much is Mr Trump worth?

A breakdown of his net worth can be achieved based on court filings and federal financial disclosures.

In some cases, the values reported by Mr Trump were disputed in the New York civil case, which the real estate billionaire plans to appeal against.

In a social media post last Friday, Mr Trump said he has “almost five hundred million dollars in cash”.

In an April 2023 deposition with New York attorney general Letitia James, he said he had “substantially in excess of 400 million in cash”.

A financial statement for 30 June 2021 submitted to the court by Mr Trump showed he had $293.8m (£232.5m) worth of cash and cash equivalents at the time.

In 2022, Mr Trump reported at least $537m (£425m) in revenues related to golf courses and hotels.

He also made money from licensing fees and royalties, and from other interests including speaking engagements and in distributions from his stake in buildings.

His Truth Social platform is said to be worth about $6bn (£4.75bn).

The company is set to begin trading on the Nasdaq stock market – potentially netting the former American president $3bn (£2.37bn).

However, even if the deal gets completed, Mr Trump will not be allowed to sell any of his shares in the combined company for six months or borrow against them, based on terms he previously agreed.

FILE PHOTO: An aerial view of former U.S. President Donald Trump's Mar-a-Lago home after Trump said that FBI agents raided it, in Palm Beach, Florida, U.S. August 15, 2022. REUTERS/Marco Bello/File Photo
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Donald Trump’s Mar-a-Lago home in Florida. Pic: Reuters

What properties does he own?

Mr Trump owns hotels, office buildings, residential buildings, golf courses and estates.

A June 2021 financial statement listed several of his most valuable properties such as 40 Wall Street, an office building in New York, Trump Tower in Manhattan, and the Mar-a-Lago resort in Palm Beach, Florida.

The financial statement said his properties were worth $4.3bn (£3.4bn) at the time.

In the New York case, the judge ruled Mr Trump had overstated the value of some of the properties – and called the estimated value of Mar-a-Lago “fraudulent” and “possibly a billion dollars or more” over its market value.

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The case is not the only one draining Mr Trump’s finances.

This month, he posted a $91.6m (£72.5m) bond to cover an $83.3m (£65.9m) defamation verdict for writer E Jean Carroll while he appeals.

She sued him after Mr Trump called her a liar for accusing him of raping her decades ago. He has denied wrongdoing.

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Michael Cohen tells trial he lied and bullied for ex-president and was ‘knee deep’ in Trump ‘cult’

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Michael Cohen tells trial he lied and bullied for ex-president and was 'knee deep' in Trump 'cult'

Michael Cohen said he had been “knee deep into the cult of Donald Trump” as he testified for a second day in the ex-president’s trial.

As Trump‘s defence tried to paint the former lawyer and ‘fixer’ as a bitter and fame-hungry former acolyte, he denied being obsessed by his former boss but said he had once “admired him tremendously”.

He is testifying in the case about hush money payments to ex-porn star Stormy Daniels in an attempt to cover up an alleged sexual encounter in 2006.

Trump trial – Day 17 as it happened

Such payouts aren’t illegal, but Trump is accused of falsifying business records to hide it – a claim he denies.

He told the court on Tuesday that loyalty was the reason he kept lying about the payment when it came out in the media.

In 2016 he described Trump as kind, humble, honest and genuine.

More on Donald Trump

The defence asked whether he had believed what he was saying.

“At the time, I was knee-deep into the cult of Donald Trump,” he responded, adding: “I was not lying, no, that’s how I felt.”

Mr Cohen admitted he “missed Trump” at times after he became president.

They have also pointed to hundreds of media appearances, podcasts and interviews in which the disgraced lawyer has mentioned him.

Michael Cohen (right) leaves his apartment building in New York on Tuesday. Pic: AP
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Michael Cohen (right) was once a fiercely loyal confidant of the ex-president. Pic: AP

His credibility was under attack as Mr Cohen has previously admitted lying under oath.

The 57-year-old was jailed after pleading guilty in 2018 to charges relating to the hush money payment and other unrelated offences.

He said that after a FBI raid on his home the same year, Trump had messaged him: “I am the president of the United States, everything is going to be okay, stay tough”.

Read more:
Porn stars, sex scandals and zzzs: A to Z of Trump trial

Donald Trump denies the liaison with Stormy Daniels and says Mr Cohen acted on his own initiative when he made the payment.

The former lawyer denied that claim in earlier evidence, saying “everything required Trump’s sign-off”.

Donald Trump on day 17 of his hush money trial. Pic: Reuters
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Mr Trump, who denies the charges, faces several other trials. Pic: Reuters

‘I violated my moral compass’

Mr Cohen – who once said he would take a bullet for his boss – admitted at the end of questioning on Tuesday that he “violated my moral compass” while working for Donald Trump.

“I regret doing things for him that I should not have,” he told the New York court. “Lying, bullying people in order to effectuate the goal.

“I don’t regret working for the Trump Organisation – as I expressed before, [those were] some very interesting, great times,” he added.

“But to keep the loyalty and to do things that he had asked me to do, I violated my moral compass, and I suffered the penalty, as did my family. That is my failure.”

On Monday, the court heard him testify about setting up a shell company to make the $130,000 hush money out of his own money.

Stormy Daniels, seen here in January, received a $130,000 payment from Trump's lawyer Pic: AP/DeeCee Carter/MediaPunch /IPX
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Stormy Daniels has also testified in the case. AP/DeeCee Carter/MediaPunch /IPX

Prosecutors say Trump later paid the money back and covered it up by recording it as a legal retainer fee.

He faces 34 counts of falsifying business records over the claims.

Trump – who will take on Joe Biden in his bid to become president again in November – is unlikely to face a custodial sentence if found guilty.

His other cases are potentially more damaging but mired in delays.

They concern allegations of keeping stacks of secret documents after leaving office and trying to overturn his 2020 election defeat. He denies the claims.

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Eight dead and 40 taken to hospital after bus carrying farm workers involved in Florida collision

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Eight dead and 40 taken to hospital after bus carrying farm workers involved in Florida collision

Eight people have died and another eight were critically injured after a bus carrying farm workers crashed and overturned in Florida.

The bus was transporting 53 workers when it collided with a pickup truck in Marion County, north of Orlando, the Florida Highway Patrol (FHP) said.

The bus then swerved off State Road 40 – a hilly two-lane road that goes through farms – and crashed through a fence, before overturning, authorities said.

The incident took place at 6.35am local time on Tuesday and it is unclear why the two vehicles crashed.

A total of 40 people needed hospital treatment – eight of whom are in a critical condition, the Marion County Fire Rescue confirmed to NBC News.

The driver of the truck was also taken to hospital and more than 30 ambulances attended the scene, NBC News added.

A map showing the location of Dunnellon, Florida. Pic: Datawrapper
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A map showing the location of Dunnellon, Florida. Pic: Datawrapper

Emergency personnel work the scene of a deadly crash on Tuesday, May 14, 2024 in Marion County, Fla. Pic: AP
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Debris can be seen around the bus and both of its emergency hatches are open. Pic: AP

Lieutenant Pat Riordan, from the FHP, told reporters some of those injured are “in very serious condition” and there’s a “high probability” the number of dead could rise.

More on Florida

“At this point, we are conducting a massive traffic homicide investigation,” he said.

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Emergency personnel respond to the scene of a deadly crash on Tuesday, May 14, 2024 near Dunnellon, Fla. Pic: AP
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Fire engines and more than 30 ambulances attended the crash site. Pic: AP

Torrential rain and thunderstorms have hit some US regions in recent days – including Marion County – and authorities will be investigating if the weather contributed to the collision.

Photographs from the scene show the bus on its side, with both its rear emergency door and top hatch open.

Emergency personnel work the scene of a deadly crash on Tuesday, May 14, 2024 in Marion County, Fla. Pic: AP
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The bus was transporting 53 people when the crash took place. Pic: AP

The farm workers were being transported to Cannon Farms in Dunnellon, where watermelon harvesting has been taking place.

Following the crash, a post on the farm’s social media account said it will “be closed today out of respect to the losses and injuries endured early this morning”.

“Please pray with us for the families and the loved ones involved in this tragic accident,” the post continued. “We appreciate your understanding at this difficult time.”

Cannon Farms is a family-owned business that has been operational for more than 100 years, according to its website.

They now focus on peanuts and watermelons, which they supply to grocery stores across the US and Canada.

The vehicle transporting the workers was a 2010 International Bus and the pickup truck was a 2001 Ford Ranger, authorities said.

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Donald Trump ‘not thinking about Melania’ when he paid off Stormy Daniels, says ex-lawyer Michael Cohen

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Donald Trump 'not thinking about Melania' when he paid off Stormy Daniels, says ex-lawyer Michael Cohen

Donald Trump “wasn’t thinking about (his wife) Melania” when he paid off a former porn star, his former lawyer has testified.

Michael Cohen told a court Mr Trump personally approved $130,000 in hush money to Stormy Daniels over an alleged 2006 sexual encounter.

The payout isn’t illegal, but Mr Trump is accused of falsifying records to hide it – a claim he denies.

On Monday, his trial in New York heard from Mr Cohen, once a lawyer and self-described “fixer” for the ex-president.

Mr Trump’s lawyers have painted the hush money as an attempt to protect his wife from rumours and upset.

Michael Cohen leaving his Manhattan home to testify. Pic: Reuters
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Michael Cohen has himself been jailed over the payment to Daniels. Pic: Reuters

However, Mr Cohen said his boss was purely concerned with keeping the claims quiet as he ran for the presidency.

“He wasn’t thinking about Melania. This was all about the campaign,” he said, prompting Mr Trump to shake his head in response.

More on Donald Trump

Mr Cohen told the court he’d heard Stormy Daniels was considering selling her story and he told his boss swift action was required.

Mr Trump denies the affair and his lawyers say Mr Cohen acted on his own – a claim he denied in court.

He told jurors in Manhattan that “everything required Mr Trump’s sign-off” and he was ordered to “just do it”.

Mr Cohen said he stumped up the $130,000 himself after Mr Trump told him he would pay him back.

He said he set up a shell company – listed as a “real estate consulting company” – to make the payment.

Stormy Daniels, seen here in January, received a $130,000 payment from Trump's lawyer Pic: AP/DeeCee Carter/MediaPunch /IPX
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Stormy Daniels, pictured in January. Pic: AP

Prosecutors say Mr Trump later paid the money back and covered it up by recording it as a legal retainer fee.

He faces 34 counts of falsifying business records over the claims.

Read more:
Porn stars, sex scandals and zzzs: A to Z of Trump trial

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Hear Trump and his lawyer discuss hush money

The court also heard a recording of a conversation between Mr Trump and Mr Cohen over hush money said to have been paid to another woman, former Playboy model Karen McDougal, who he also allegedly had an affair with.

Mr Cohen suggests in the recording setting up another company to repay David Pecker – who said he provided the $150,000 to cover up the story.

The former National Enquirer boss previously testified he bought the story to keep it hidden and eventually decided against seeking reimbursement.

Later in the recording, Mr Trump can be heard suggesting the $150,000 might be better off being paid in cash.

Mr Cohen told the court this was to “avoid any type of paper transaction”.

The 57-year-old – who once said he would take a bullet for Mr Trump – worked for him for nearly a decade.

Stormy Daniels, seen here in January, received a $130,000 payment from Trump's lawyer Pic: AP/DeeCee Carter/MediaPunch /IPX
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Stormy Daniels, pictured in January. Pic: AP

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He pleaded guilty to violating campaign finance law in 2018 over the Stormy Daniels payment and was jailed, but at the time prosecutors did not bring charges against Mr Trump.

Mr Cohen’s credibility is in the sights of defence lawyers as he has previously admitted lying under oath.

Mr Trump – who will take on Joe Biden in his bid to become president again in November – is unlikely to face a custodial sentence if found guilty.

His other cases are potentially more damaging but mired in delays.

They concern allegations of keeping stacks of secret documents after leaving office and trying to overturn his 2020 election defeat. He denies the claims.

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