Donald Trump posted $100 million bail, which covers less than a third of the financial fraud fine he was convicted of in mid-February, according to a New York court document released Wednesday. and quoted by AFP.

The former US president on Monday filed an appeal against a February 16 civil court decision in New York that ordered him to pay $355 million in financial penalties (not including interest on more than $100 million).

Monday’s filing also sought to ban Trump and his two adult sons, Donald Jr. and Eric, from doing business in New York state on Feb. 16 for three and two years, respectively.

Instead of guaranteeing the full amount of the fine, Trump’s lawyers filed an appeal Wednesday with the Appellate Division of the Supreme Court in New York asking for “a $100 million bond,” according to an excerpt of the nearly 1,800-page court document released. .

That’s a bond the former president, who is running for re-election in November, can pay if his appeal is denied.

Trump’s lawyers said the fine imposed by New York Judge Arthur Engoron on February 16 was “excessive and offensive” and that the “blanket ban” on doing business in the state was “unlawful and unconstitutional,” making it “impossible to protect and publicize guaranteeing complete safety”.

In his ruling, Judge Engoron ordered the former US president to pay $354.86 million in fines for financial fraud, and each of his two sons – four million dollars each.

The sanctions could severely hit Trump’s cash reserves and hamper parts of his real estate empire as he runs for the Republican nomination to challenge President Joe Biden in the Nov. 5 U.S. election.

• How will Trump pay his $355 million fine for tax fraud? / What happens if the billionaire doesn’t pay