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Kevin O'Leary praises the 'adults' who saved Trump from hefty fraud trial bond

26/03/24
Sky News Australia
Dans Asie / Australie

O'Leary Ventures Chairman Kevin O'Leary has praised the "adults" in the New York appeals court for reducing the bond owed by Donald Trump in his civil fraud lawsuit. The Shark Tank star told Fox News on Monday the initial result of Trump's fraud case had made foreign investors wary about putting their money into New York. "What was happening in New York was extremely scary," O'Leary said. "Thank goodness the adults came to the rescue." On Monday, the New York appeals court granted a delay in the collection of Trump's $US454 million civil fraud judgment. The former US president previously indicated he had a comparable amount in his bank account earmarked for his campaign. The appellate court permitted Trump to post a $175 million bond ten days after the deadline instead. On the same day, another New York Judge scheduled Donald Trump's hush money trial to commence on April 15.

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