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Judge Gives Trump Lifeline in NY Fraud Case: Law Professor

A New York judge ruled that the former president can again take out loans to pay his bond.

By Jack Phillips

Former President Donald Trump and his two sons can borrow money and can continue to conduct business in New York as they appeal a judge’s civil fraud verdict, although the judgment against the former president, which is over $450 million, will remain in effect.

State Appellate Court Judge Anil Singh handed down a partial stay in the fraud verdict, blocking a several-year ban on business operations and applications for loans in New York. While the Trump lawyers have not commented on whether or not they will try to get a loan, it could allow the former president to borrow money and post the full bond amount.

The judge handed down an “interim stay” on the order that blocked the defendants from “applying for loans from any financial institution charged and registered” in the state of New York, according to the Wednesday ruling.

Read Full Article Here…(theepochtimes.com)


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