{"id":1458664,"date":"2024-02-22T04:00:00","date_gmt":"2024-02-22T09:00:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1458664"},"modified":"2024-02-22T04:00:00","modified_gmt":"2024-02-22T09:00:00","slug":"new-york-ag-says-she-may-seize-trump-buildings-assets-if-he-cant-pay-355-million-penalty","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/new-york-ag-says-she-may-seize-trump-buildings-assets-if-he-cant-pay-355-million-penalty\/1458664\/","title":{"rendered":"New York AG Says She May Seize Trump Buildings, Assets If He Can’t Pay $355 Million Penalty"},"content":{"rendered":"

New York AG Says She May Seize Trump Buildings, Assets If He Can’t Pay $355 Million Penalty<\/span><\/p>\n

\n

Authored by Caden Pearson via The Epoch Times<\/a> (emphasis ours),<\/em><\/p>\n

New York Attorney General Letitia James said on Feb. 20 that she\u2019s prepared to seize former President Donald Trump\u2019s buildings and assets if he can\u2019t pay the penalty imposed in the state\u2019s civil fraud case.<\/strong><\/p>\n

New York Attorney General Letitia James arrives for former President Donald Trump’s civil fraud trial at New York State Supreme Court in New York City on Nov. 8, 2023. (Spencer Platt\/Getty Images)<\/em><\/a><\/p>\n

The former president was recently ordered to pay nearly $355 million and barred from doing business in New York state for three years by state Supreme Court Justice Arthur Engoron.<\/p>\n

During an interview with ABC News, Ms. James said that it was \u201creally not my business\u201d if President Trump doesn\u2019t have the money to pay the penalty, while also noting that she has her eyes on the Trump Building in Lower Manhattan.<\/p>\n

\u201cIf he does not have funds to pay off the judgment, then we will seek, you know, judgment enforcement mechanisms in court, and we will ask the judge to seize his assets<\/strong>,\u201d she said<\/a>.<\/p>\n

\u201cWe are prepared to make sure that the judgment is paid to New Yorkers, and yes, I look at 40 Wall Street each and every day,\u201d she added, referring to the Trump Building.<\/p>\n

President Trump\u2019s attorneys have vowed to appeal the case; he and his attorneys have described the case as a \u201cpolitical witch hunt\u201d and the verdict as \u201cmanifest injustice.\u201d<\/p>\n

Throughout the trial, the Trump team accused Justice Engoron of judicial malpractice,<\/strong> and the president has asserted that he should be the one being awarded damages.<\/p>\n

Responding to the Trump camp\u2019s intention to appeal and their sentiment, Ms. James expressed confidence that her office would prevail.<\/p>\n

\u201cI cannot be paralyzed by fear. And I cannot allow anyone to bully me into silence. And I cannot allow anyone to have a chilling effect on the work that I do and this office does each and every day,\u201d Ms. James said.<\/p>\n

President Trump\u2019s legal team has argued that no fraud occurred and that the state attorney general failed to prove intent to defraud. He has said that there were \u201cno victims because the banks made a lot of money.\u201d<\/p>\n

In her comments on Feb. 20, Ms. James rejected such arguments, reportedly saying that financial fraud isn\u2019t a victimless crime.<\/strong> The attorney general reportedly said that leveling the playing field is within her wheelhouse and that if the average person isn\u2019t allowed to inflate the value of their assets to secure loans, then neither should President Trump.<\/p>\n

Ms. James brought the lawsuit against President Trump and his co-defendants in 2022. Justice Engoron found President Trump liable and ruled that he inflated his assets to get better loans weeks before the trial began.<\/p>\n

Republican presidential candidate and former President Donald Trump attends a pre-trial hearing at Manhattan Criminal Court in New York City on Feb. 15, 2024. (Steven Hirsch\/Pool via Getty Images)<\/em><\/a><\/p>\n

In addition to civil fraud cases, President Trump faces four criminal cases ahead of the 2024 elections. These include a case related to \u201chush money\u201d payments before the 2016 elections, two cases related to his attempts to challenge the results of the 2020 elections, and a case related to the handling of classified documents.<\/p>\n

President Trump recently called for an end to the legal cases against him, alleging that they amount to election interference against the Republican 2024 presidential front-runner.<\/p>\n

\u201cThis is communism and a threat to democracy<\/strong>,\u201d he declared in a post on Truth Social on Feb. 19.<\/p>\n

\u201cAll political prosecutions of your favorite president, me, must stop immediately. We are in the middle of an election, perhaps the most important election in the history of our country, and these radical left lunatic prosecutors and judges are not allowed to be doing this,\u201d he said.<\/p>\n

During a town hall-style interview<\/a> with Fox News\u2019 Laura Ingraham on Feb. 20, President Trump once again described his legal battles as being comparable to what opposition leaders might face in a communist country, noting the death of Russian opposition leader Alexei Navalny.<\/p>\n

\u201cWe are turning into a communist country in many ways,\u201d he said.<\/strong><\/p>\n

Drawing parallels with Mr. Navalny\u2019s plight, President Trump asserted that he\u2019s facing several trials \u201call because of the fact that I\u2019m in politics.\u201d<\/p>\n

Amid the legal battles, President Trump has so far notched victories<\/a> by large margins in crucial GOP presidential primary contests in Iowa, New Hampshire, Nevada, and the U.S. Virgin Islands.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nWed, 02\/21\/2024 – 23:00<\/span><\/p>\n

\u200bRead More<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

New York AG Says She May Seize Trump Buildings, Assets If He Can’t Pay $355 Million Penalty Authored by Caden Pearson via The Epoch Times…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1458664","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1458664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1458664"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1458664\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1458664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1458664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1458664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}