Trump Facing Moment of Truth for Finances in Manhattan Court (2)

As Donald Trump sits in a Manhattan courtroom Monday for a hearing in one of his criminal cases, he also faces a potential moment of truth for his finances: a deadline to either post a bond covering a $454 million civil fraud verdict or risk having New York state start seizing his assets.

The billionaire real estate mogul has been warning for weeks he didn’t have enough cash to cover a bond while he appeals the verdict in a suit by New York Attorney General Letitia James. He’d need 120% of the judgment, or about $545 million. Trump has ...