Trump posts $91.6 MILLION bail for rape defamation of E. Jean Carroll through insurance company just two days before the deadline and three weeks before he has to come up with $454 million to cover the fine for fraud.

Donald Trump has posted $91.6 million bail in the E. Jean Carroll defamation case as he appeals the verdict while awaiting a two-day deadline imposed by a federal judge.

The former president posted the huge cash sum as he fights the $83.3 million in damages a New York jury awarded him last month.

That amount reflects 110 percent of the sentence against him.

Insurance firm Chubb underwrote the bond for the former president, CNN reported, meaning Trump did not provide the amount from his own cash reserves.

The insurance company will only pursue Trump’s initial appeal of the sentence, not further appeals. cnn reported.

The substantial payout she was given was a result of Trump denying that he raped her in a dressing room in the 1990s and saying she was not his type.

Trump got the money a day later U.S. District Judge Lewis Kaplan ruled against Trump’s attempt to stay the execution deadline and lectured the defendant on his situation.

Trump’s lawyer, Alina Habba, had asked the court for clemency earlier this week.

Kaplan said Trump had only himself to blame.

‘Mister. Trump’s current situation is the result of his own delaying actions,” he wrote on Thursday. ‘He has had to organize his finances since January 26 knowing he might need to support this ruling, yet he waited until 25 days after the verdict of the jury… to file their pre-motion for an unsecured or partially secured stay pending resolution. of post-trial motions.’

The bond removes just one of the financial obstacles Trump faces.

The former president also faces a staggering order to pay $464 million in interest penalties in his New York fraud case, a sum Trump appears unable to raise after his lawyers offered to provide less than a quarter of the amount.

You must secure the funds or post a bond by the March 25 deadline. That gives him just over two weeks to file the case. The date coincides with the start of her criminal trial in Manhattan related to hush payments to porn star Stormy Daniels.

Trump had testified in the fraud case that he had $400 million in cash, although his liquid holdings are presumably greatly diminished by posting bail in the Carroll case.

Trump’s lawyers criticized the fraud case’s adjudication as they prepare to appeal.

“The exorbitant and punitive amount of the sentence, coupled with an illegal and unconstitutional blanket ban on credit transactions, would make it impossible to secure and post full bail,” his team wrote in a submission to Judge Arthur Engoron.

A Manhattan jury reached a verdict on Jan. 26 finding Trump liable for defaming the former Elle magazine advice columnist in June 2019 when he denied raping her in the 1990s at a Bergdorf Goodman department store.