"NY Attorney General Moves to Seize Trump's Assets in $464M Fraud Case"

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Source: ABC News
"NY Attorney General Moves to Seize Trump's Assets in $464M Fraud Case"
Photo: ABC News
TL;DR Summary

New York Attorney General Letitia James has taken the first step toward possibly seizing former President Donald Trump's assets in Westchester County as part of a $464 million judgment in his civil fraud trial. State officials have entered the judgment with the county clerk's office, allowing James to move for possession of Trump's properties if he fails to secure a bond. Trump's lawyers claim it's impossible to obtain the bond and have asked for permission to post a smaller bond or none at all. If Trump doesn't secure a financial guarantee by Monday, James could begin the legal process of seizing his bank accounts and physical assets in Manhattan and Westchester through liens and foreclosures.

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