Trump posts $91.6 MILLION bond in E. Jean Carroll rape defamation through an insurance company with just two days until the deadline and with three weeks until he has to put up $454 million to cover fraud fine

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

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

That amount reflects 110 per cent of the judgement against him. 

The insurance firm Chubb underwrote the bond for the former president, CNN reported, meaning Trump did not come up with the amount from his own cash reserves.

The insurance firm will only secure Trump's initial appeal of the judgement, not any further subsequent appeals, CNN reported.  

The substantial payout given to her was a result of Trump denying he raped her in a dressing room in the 1990s and saying he wasn't his type.

Trump came up with the cash a day after U.S. District Judge Lewis Kaplan ruled against Trump's effort to push off the enforcement deadline and lectured the defendant for his predicament.

Trump lawyer Alina Habba had asked the court for mercy earlier this week. 

Donald Trump has posted a $91.6million bond in the E. Jean Carroll defamation case while he appeals the verdict

Kaplan said Trump had only himself to blame.

'Mr. Trump's current situation is a result of his own dilatory actions,' he wrote Thursday. 'He has had since January 26 to organize his finances with the knowledge that he might need to bond this judgment, yet he waited until 25 days after the jury verdict ... to file his prior motion for an unsecured or partially secured stay pending resolution of post-trial motions.' 

The bond clears just one of the financial obstacles Trump is facing.

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

He must come up with the funds or post a bond by a March 25 deadline. That gives him a little more than two weeks to come up with the case. The date coincides with the start of his 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 bond in the Carroll case.

Carroll called Trump the 'least trustworthy of borrowers'

'Mr. Trump's current situation is a result of his own dilatory actions,' Judge Lewis Kaplan wrote Thursday.

Trump secured a bond in the Carroll case after a filing in his New York fraud case suggests he doesn't have the money to pay that staggering fine

Trump lawyer Alina Habba had asked the court for a delay for Trump to pay the judgement against him

Trump's lawyers blasted the fraud case award while they prepare to appeal.

'The exorbitant and punitive amount of the Judgment coupled with an unlawful and unconstitutional blanket prohibition on lending transactions would make it impossible to secure and post a complete bond,' his team wrote in filing to Judge Arthur Engoron. 

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

Trump previously posted $5.6 million in cash while he appealed an earlier jury verdict that found him liable for defaming her and ordered him to pay $5 million. 

Trump campaign spokesman Steven Cheung slammed Judge Kaplan's earlier ruling against the request for a delay.  

'This is a continuation of a totally lawless witch hunt,' he said. Trump had argued he would face 'irreparable injury' since by posting bond he would have to pay fees he cannot get back.