Trump wins reduction in $454m bond and has deadline extended
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.
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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.
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.
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.
Donald Trump has said he wants to meet North Korean leader Kim Jong Un again.
Speaking at the White House as he held talks with the new South Korean president Lee Jae Myung, Mr Trump told reporters: “I’d like to meet him this year… I look forward to meeting with Kim Jong Un in the appropriate future.”
“I’d like to have a meeting. I got along great with him,” President Trump said, adding they “became very friendly” during his first term in office.
“We think we can do something in that regard,” he said, adding that he would like to help the relationship between the two Koreas.
Trump and Kim at the demilitarized zone in June 2019. Pic: Reuters
Mr Trump and Mr Kim held three meetings between 2018 and 2019 during Mr Trump’s first term and exchanged a number of, what the president called, “beautiful” letters.
In June 2019, Mr Trump briefly stepped into North Korea from the demilitarized zone (DMZ) with South Korea.
The US president on Monday responded to a question about whether he would return to the DMZ by fondly recalling the last time he did so.
“Remember when I walked across the line and everyone went crazy?” especially the Secret Service, Mr Trump told reporters in the Oval Office.
But “I loved it”, Mr Trump said. He added he felt safe because he had a good relationship with Mr Kim.
Mr Trump met South Korea’s Lee Jae Myung at the Oval Office on Monday. Pic: Reuters
Mr Trump became the first sitting American president to set foot on North Korean soil six years ago.
However, little progress was made in curbing North Korea’s nuclear programme, and Mr Trump acknowledged in March this year that Pyongyang is a “nuclear power”.
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Since Mr Trump’s first-term meetings with Mr Kim ended, North Korea has shown no interest in returning to talks.
The White House said in June that Mr Trump would welcome communications with Mr Kim.
The attempts at rapprochement come after the election in South Korea of Mr Lee, who has pledged to reopen dialogue with North Korea.
As a gesture of engagement in June, Mr Lee suspended South Korean loudspeakers blasting music and messages into the North at the DMZ along their shared border.
Analysts say, however, that engaging North Korea will likely be more difficult for both Mr Lee and Mr Trump than it was in the president’s first term.
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Since then, North Korea has significantly expanded its nuclear weapons and ballistic missile programmes.
And it has developed close ties with Russia through direct support for Moscow’s war in Ukraine, with Pyongyang providing both troops and weaponry.
Mr Kim told Russian President Vladimir Putin that his country will always stand with Moscow, state media reported in June.
US rapper Lil Nas X has pleaded not guilty after being charged with assaulting a police officer while walking in downtown Los Angeles in his underwear.
The musician, real name Montero Lamar Hill, was taken to hospital and arrested after police responded to reports of a naked man shortly before 6am on Thursday.
The district attorney’s office said on Monday that Lil Nas X faces three counts of battery with injury on a police officer and one count of resisting an executive officer.
He was being held on a $75,000 (£55,457) bail, conditional on attending drug treatment. It is not immediately clear whether he had posted it and been released yet.
He is set to return to court on 15 September for his next pre-trial hearing.
Pic: AP
During the hearing on Monday, Hill’s lawyer Christy O’Connor told the judge he had led a “remarkable” life, adding: “Assuming the allegations here are true, this is an absolute aberration in this person’s life.
“Nothing like this has ever happened to him.”
A law enforcement source told Sky’s US partner network, NBC News, on Thursday that the Old Town Road and Industry Baby hitmaker punched an officer twice in the face during the encounter.
The source added officers were unsure whether he was on any substances or in mental distress.
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NBC News cited TMZ footage where Hill was seen walking down the middle of Ventura Boulevard at 4am on Thursday in a pair of white briefs and cowboy boots.
In the videos, Hill tells a driver to “come to the party” in one clip and in another tells the person: “Didn’t I tell you to put the phone down?”
“Uh oh, someone’s going to have to pay for that,” Hill says as he continues to walk away.
In some clips, Hill struts as if he’s on a catwalk, posing for onlookers, and at one point he places an orange traffic cone on his head.
A man who was wrongly deported from the US to El Salvador has been detained by Immigration and Customs Enforcement (ICE) again.
Kilmar Abrego Garcia, a 30-year-old originally from El Salvador, handed himself into the ICE field office in Baltimore, Maryland, for a check-in on Monday.
The visit was a mandatory condition of his release from federal custody earlier this weekend. However, in a court filing on Saturday, his lawyers said they expected Garcia would be detained again upon attending.
Garcia is charged in an indictment, filed in federal court in Tennessee, with conspiring to transport illegal immigrants into the US.
An emotional Kilmar Abrego Garcia appears outside the ICE Baltimore field office on 25 August 2025. Pic: Reuters
According to a court filing by his lawyers, immigration officials made an offer to Garcia to be deported to Costa Rica in exchange for pleading guilty to the charges.
Otherwise, they would seek to deport him to Uganda.
Pics: Reuters
Speaking at a news conference outside the ICE office on Monday morning, Garcia said via a translator: “This administration has hit us hard, but I want to tell you guys something: God is with us, and God will never leave us.
“God will bring justice to all the injustice we are suffering.”
Simon Sandoval-Moshenberg, one of Garcia’s lawyers, also said: “There was no need to take him into ICE detention… the only reason they took him into detention was to punish him.”
A judge later ruled Garcia could not be deported after he filed a challenge asking to be allowed due process to fight any removal attempt.
Judge Paula Xinis ruled the 30-year-old must remain detained in the US until she can hold an evidentiary hearing – set for Wednesday.
She added there appeared to be “several grounds” for her to have jurisdiction to exercise relief, including that Uganda has not agreed to offer Garcia protections, such as being able to walk freely, being given refugee status, and not being re-deported to El Salvador.
After initially being detained in Maryland – where he lived with his American wife and children – by ICE in March, Garcia was sent to El Salvador, where he was then imprisoned in the country’s maximum security Terrorism Confinement Center (CECOT).
This was despite an immigration judge’s 2019 order granting him protection from deportation after finding he was likely to be persecuted by local gangs if he was returned to his native country.
Garcia was first detained by ICE in March. Pic: CASA/AP
The Trump administration admitted deporting Garcia was an “administrative error”, but said at the time they could not bring him back as they do not have jurisdiction over El Salvador.
After eventually returning him to the US in June, the Trump administration detained Garcia on criminal charges that were filed in May.
The criminal indictment alleges Garcia worked with at least five co-conspirators to bring immigrants to the US illegally and transport them from the border to other destinations in the country.
Minutes after his release on Friday, officials notified Garcia they intended to deport him to Uganda.
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Homeland Security secretary Kristi Noem, US President Donald Trump, vice president JD Vance and other officials claim Garcia was a member of MS-13 – an international criminal gang formed by immigrants who had fled El Salvador‘s civil war to protect Salvadoran immigrants from rival gangs.
Garcia’s lawyers strongly deny the claims.
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