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Home News Letitia James Threatens to Seize Trump’s Assets If He Can’t Pay $354M Fine

Letitia James Threatens to Seize Trump’s Assets If He Can’t Pay $354M Fine

Letitia James Threatens to Seize Trump’s Assets If He Can’t Pay $354M Fine

( – Attorney General of New York Letitia James stated in an interview with ABC News on Tuesday that she is ready to take possession of former President Donald Trump’s property if he cannot obtain the money to pay a $354 million judgment in his civil fraud case.

James told ABC News, “If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets.”

On Friday, Manhattan Supreme Court Judge Arthur Engoron found that Trump had misrepresented his net worth to obtain more advantageous loan terms. 

As a result, the former president was fined $354.8 million plus about $100 million in pre-judgment interest.

Trump has declared he will challenge the decision. Nevertheless, before he can file an appeal, he must provide New York State the fine as a bail.

James added, “Financial frauds are not victimless crimes.” Still, he did not mention any victims. Instead, he called the scam “massive” in response to a question concerning Trump’s assertion that the banks were paid back for all loans and that there were no victims in the case.

James claimed she had her eye on the “Trump building,” which is Trump’s structure at 40 Wall Street.

“He engaged in this massive amount of fraud. It wasn’t just a simple mistake, a slight oversight, the variations are wildly exaggerated, and the extent of the fraud was staggering,” she argued. 

She then raised a hypothetical situation: “If average New Yorkers went into a bank and submitted false documents, the government would throw the book at them, and the same should be true for former presidents.”

She brushed off Trump’s claim that companies will boycott New York because of the lawsuit, stating, “Travel is up as of last I checked.” Wall Street is operating smoothly.”

She also boasted of her relationship with columnist E. Jean Carroll and the difficulties facing Fulton County District Attorney Fani Willis in her prosecutions of Trump, stating, “I was once told to give it to a woman if you want something done.”

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