"Trump Faces Seizure Threat as $454 Million Judgment Deadline Looms"

1 min read
Source: Reuters
"Trump Faces Seizure Threat as $454 Million Judgment Deadline Looms"
Photo: Reuters
TL;DR Summary

Donald Trump faces a Monday deadline to cover a $454 million civil fraud judgment or risk New York state seizing some of his properties, including Trump Tower and 40 Wall Street. Trump must either pay the money or post a bond while he appeals the judgment. The case, brought by New York Attorney General Letitia James, alleges Trump manipulated his net worth and property values to deceive lenders and insurers. Trump's financial worries also include lagging campaign fundraising and other legal challenges, including criminal charges.

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