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Trump Tower

All articles tagged with #trump tower

politics1 year ago

"Former Prosecutor Predicts FBI Raid on Trump Tower Amid Legal Battles"

A former federal prosecutor suggests that the FBI could raid Trump Tower to search for potentially hoarded classified documents, following a court filing by Trump's lawyers revealing that he kept presidential records in Trump Tower and his Bedminster estate. Trump is currently facing trial for allegedly retaining classified documents from his presidency, with the latest filing confirming the existence of such documents in multiple locations. The revelation aligns with statements from Trump's former valet, who helped load boxes of presidential records onto Trump's private plane, and raises questions about Trump's defense that he designated presidential files as personal items before leaving the White House.

politics1 year ago

"Challenges Ahead: Letitia James' Plan to Seize Trump's Assets and Bank Accounts"

Former President Donald Trump is urgently seeking to secure a $454 million bond in his civil fraud case, with a looming deadline on Monday, and has launched a fund-raising blitz, warning his supporters that New York's attorney general, Letitia James, is attempting to seize his iconic Trump Tower. Trump's campaign emails have urged donations as a show of strength against what he portrays as a political witch hunt, as he faces legal troubles and a hefty penalty imposed by a New York judge.

politics1 year ago

"New Yorkers React as Trump Claims to Have Cash to Cover $464M Bond Amid Legal Battle"

New York Attorney General Letitia James is prepared to seize Donald Trump's assets, including Trump Tower, if he fails to pay a $464m civil fraud judgment. Trump has struggled to secure a bond to satisfy the judgment, and his attorneys have approached multiple surety companies without success. New Yorkers have mixed opinions on the potential seizure, with some expressing support for it and others defending Trump. The attorney general's office has already taken steps to recover some of Trump's assets, and while Trump Tower is at risk, other Trump-owned properties may also be targeted.

politics1 year ago

"Trump's Desperate Bid to Protect Assets Amid $464M Fraud Judgment"

Donald Trump sends a desperate fundraising message to his supporters, seeking help to pay his $464 million bond in his New York fraud trial judgment. Facing a Monday deadline, Trump's lawyers have struggled to secure the capital, with surety companies unwilling to accept real estate as collateral. If he fails to pay, his properties, including Trump Tower, could be seized by New York Attorney General Letitia James. Trump's team is considering various options, including seeking overseas donors for help.

legalcriminal-justice2 years ago

Trump's Fame Inflated Value of Trump Tower Penthouse, Claims Corporate Controller

Testimony in Donald Trump's civil business fraud trial revealed that his corporate executives inflated the value of his Trump Tower penthouse by $20 million due to his celebrity status. Another $100 million increase was based on an email from a real estate broker who didn't inspect the property and provided an estimate based on an asking price. Former Trump Organization controller Jeffrey McConney testified that these inflated valuations were included in Trump's financial statements, which were used for loan deals. The New York Attorney General's lawsuit alleges that Trump conspired to exaggerate his wealth, while Trump denies any wrongdoing.

politics2 years ago

Trump's NYC Arrival Sets Stage for Civil Fraud Trial

Former President Donald Trump arrives in New York City ahead of his civil fraud trial, where he and his company are facing a $250 million lawsuit filed by New York Attorney General Letitia James. Trump, who campaigned in Iowa earlier in the day, expressed his intention to fight against what he perceives as a biased attorney general and judge. The trial, presided over by Judge Arthur Engoron, is set to begin with opening statements from both sides. Trump and his close associates are potential witnesses, but their testimonies are not expected for several weeks. The trial is estimated to last about three months. Trump's Trump Tower property could be at risk depending on the trial's outcome.