New York Attorney General Letitia James has filed a preliminary filing that would be the first step in seizing Trump's assets.
ABC News reports.
New York Attorney General Letitia James has taken the initial step to lay the groundwork for a possible seizure of former President Donald Trump's assets in Westchester County, New York, as part of a $464 million verdict in Trump's civil fraud trial.
State officials reached a verdict in Trump's civil fraud trial in Manhattan with the Westchester County office that would allow James to move to take over Trump's national golf course at Briarcliff Manor and Seven Springs, a private property in Bedford, if Trump. unable to provide bond.
For more stories like this, subscribe to our newsletter The Daily.
Trump had a meltdown on his social media platform as he made it clear he couldn't afford to post the $464 million bond scam.
The former president is considering several of his properties being seized by New York State. Trump has no cash to post the bonds. His presidential campaign is also struggling to raise money to the point that the candidate has been too broke to campaign.
The deadline for the former president to post the bond required to appeal his fraud conviction is Monday, and so far no conservative billionaire has come forward to cut his check, and thirty different bond companies have turned him down because the Trumps don't have the money. assets needed to secure bonds;
Even if Trump posts bond and appeals the ruling, he will only be delaying what seems inevitable. The physical evidence of fraud is well documented, and there is a mountain of paper evidence against Trump, his grown children, and the Trump Organization.
Donald Trump can't post bond or pay the judgment, so New York State is taking preliminary steps to seize his assets.
Special message from PoliticusUSA
If you are able to make a donation just to help us keep PoliticusUSA's doors open during an important election year, please do so here.Â
We've been honored for 14 years to put your interests first because we only respond to our readers, and we won't compromise on that fundamental, core PoliticusUSA value.
Jason is the managing editor. She is also the White House Press Center and Congressional Correspondent for PoliticusUSA. Jason has a BA in Political Science. Her graduate work focused on public policy, specializing in social reform movements.
Awards and professional memberships
Member of the Society of Professional Journalists and the American Political Science Association
Source link
Leave a Comment