NY AG James Takes Steps to Seize Trump's Assets Amid Fraud Bond Deadline

1 min read
Source: New York Post
NY AG James Takes Steps to Seize Trump's Assets Amid Fraud Bond Deadline
Photo: New York Post
TL;DR Summary

New York Attorney General Letitia James is moving to seize Donald Trump's Westchester County assets as the deadline for his $464 million bond approaches, following a civil fraud judgment against him. Trump's attorneys argue that posting the bond is unfeasible due to the high cost, but James has rejected their arguments and set a deadline of March 25. While Trump has appealed the decision, James has indicated her readiness to begin seizing his assets if he fails to comply. The potential follow-up actions may involve levying a lien on his assets or trying to foreclose the properties, and while judgments have been entered in Westchester County, it's not certain that his properties there will ultimately be confiscated.

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