"NY AG Threatens to Seize Trump's NYC Properties Over $355M Fine"

1 min read
Source: New York Post
"NY AG Threatens to Seize Trump's NYC Properties Over $355M Fine"
Photo: New York Post
TL;DR Summary

New York Attorney General Letitia James has vowed to seek a judge's approval to seize Donald Trump's assets, including some of his prized New York City properties, if he fails to pay the $355 million judgment against him. Trump, who is appealing the ruling, and others were ordered to pay a combined $364 million, including interest, and James is confident in the ruling's validity. The case alleged that Trump inflated his assets to secure better loan terms, and James emphasized that financial frauds are not victimless crimes, stating that the same consequences should apply to former presidents as they would to average citizens.

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