New York City, NY – New York Attorney General Letitia James has declared her readiness to seize former President Donald Trump’s assets if he fails to come up with the $354 million payment ordered by a judge in his civil fraud case. This announcement comes just days after Judge Arthur Engoron’s ruling in which Trump was found to have inflated his net worth to secure more favorable loan terms.
In an interview with ABC News, James expressed confidence in her case on appeal and emphasized her office’s determination to ensure that the judgment is paid to New Yorkers. She highlighted the possibility of seizing Trump’s assets, including his 40 Wall Street skyscraper, if he is unable to cover the court-ordered disgorgement.
Trump, who has denied any wrongdoing, has vowed to appeal the judgment. Despite his claims that the case lacks victims, James countered by stating that the financial markets need to treat New Yorkers fairly and that the extent of Trump’s fraud was staggering.
The Attorney General also addressed Trump’s allegation that the case would lead to a mass exodus of business activity from New York, pointing out that tourism is up and Wall Street is thriving.
With Trump facing legal challenges on multiple fronts, including a loss in a civil defamation case and ongoing election interference charges, James remarked on the significance of these legal battles, quoting “Someone once told me if you want something done, give it to a woman.”
As the legal battle between Trump and the New York Attorney General continues, the potential seizure of Trump’s assets looms large, marking a significant development in the ongoing legal saga.