{"id":2182809,"date":"2024-02-21T11:21:02","date_gmt":"2024-02-21T16:21:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/letitia-james-threatens-to-take-trumps-crown-jewel-if-he-cant-pay-penalty\/"},"modified":"2024-02-21T11:23:54","modified_gmt":"2024-02-21T16:23:54","slug":"letitia-james-threatens-to-take-trumps-crown-jewel-if-he-cant-pay-penalty","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/letitia-james-threatens-to-take-trumps-crown-jewel-if-he-cant-pay-penalty\/","title":{"rendered":"Letitia James warns of seizing Trump&#8217;s prized possession if penalty remains unpaid"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fletitia-james-threatens-to-take-trumps-crown-jewel-if-he-cant-pay-penalty%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2182809&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>New \u200dYork Attorney\u200d General\u200c Vows\u2063 to Seize Trump&#8217;s\u2062 Assets if He Fails to Pay $354 \u200bMillion Fine<\/h2>\n<p>In a bold move, \u2064New York Attorney General Letitia\u2062 James has declared \u200bthat she will take <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/whistleblower-x-reveals-himself-washington-photos-of-the-week\/\" title=\"Whistleblower X comes forward: Washington's Weekly Photo Highlights\">legal \u200daction<\/a>\u200c to seize former President Donald Trump&#8217;s assets\u2062 if\u2062 he cannot pay his hefty $354 million\u2062 fine. James is determined to hold \u200cTrump accountable for his alleged involvement in civil\u2064 fraud.<\/p>\n<p>Speaking to ABC News, James stated, \u200c&#8221;If he does not have funds to pay off the judgment, then we will seek judgment\u200d enforcement mechanisms in court, and we will ask \u200bthe judge to seize his assets. We are prepared\u200d to make sure that the \u200djudgment \u2062is paid to New \u2064Yorkers, and yes, I look at 40\u200c Wall Street each and every day.&#8221;<\/p>\n<p>Trump was slapped with the massive fine after Judge Arthur Engoron found him guilty of inflating his net worth and his company&#8217;s net worth to secure more favorable loan agreements. However,\u2063 Trump vehemently denies any wrongdoing and plans to appeal \u2064the ruling.<\/p>\n<p>Undeterred by Trump&#8217;s claims, James confidently stated, &#8220;I am\u200c confident that we will win the appeal.&#8221; She\u200b also emphasized that financial fraud is not a\u2063 victimless crime and stressed the importance of ensuring fairness in the financial market \u200cfor New\u200b Yorkers.<\/p>\n<p>Engoron&#8217;s ruling not only imposed the substantial fine\u200b but also banned Trump from holding any officer or director positions in New \u200cYork corporations or <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/just-like-the-good-old-days-joe-biden-invades-syria-with-convoy-of-us-troops-and-choppers-on-first-full-day-as-president\/\" title=\"Just Like the Good Old Days: Joe Biden Invades Syria with Convoy of US Troops and Choppers on First Full Day as President\">legal entities<\/a> for three\u2062 years. Additionally, Trump&#8217;s sons, Donald Trump Jr. and Eric\u2064 Trump, are prohibited from \u200dconducting business in New York\u2063 for two years.<\/p>\n<p>If \u2063both defamation verdicts and Engoron&#8217;s order are upheld after the expected appeals process, Trump could potentially face a staggering loss of up to $450 million across \u200call three cases.<\/p>\n<p> <\/p>\n<h2> What\u200d is Letitia James&#8217; stance on former President Donald\u200b Trump and his alleged involvement\u2062 in civil fraud?<\/h2>\n<p><span>  New York Attorney \u2064General Letitia James has taken a firm stance against \u200bformer President Donald Trump, \u2062vowing to seize his assets if he fails to\u200d pay a $354 million fine. This bold move by James\u2064 is a clear indication of her determination to hold\u200d Trump accountable for his alleged involvement in civil fraud.<\/p>\n<p>In an \u2063interview with ABC News, James confidently stated\u2062 that if Trump cannot pay\u2063 off the judgment, her office will seek\u200b legal enforcement mechanisms in \u200dcourt to seize \u200bhis assets. She emphasized that the aim is to ensure that the judgment is paid to New Yorkers, and not to let Trump evade his responsibilities. James also expressed her personal connection to the matter, remarking that she looks at\u200d 40 Wall Street, a property owned by\u2064 Trump, every day.<\/p>\n<p>The massive\u200b fine was imposed on Trump by Judge Arthur Engoron after finding him guilty of\u200b inflating \u2063his net worth and his company&#8217;s net worth to secure more favorable loan agreements. However, Trump vigorously denies \u2062any wrongdoing and has plans\u2064 to\u2062 appeal the ruling.<\/p>\n<p>Undeterred \u2063by\u200d Trump&#8217;s claims, James exudes \u200cconfidence \u200bin her office&#8217;s ability to\u200d win the appeal. She stresses that\u200d financial fraud is not\u200b a \u2062victimless crime and emphasizes the importance of fairness in the financial market for New \u200bYorkers.<\/p>\n<p>Engoron&#8217;s ruling not\u200b only imposed the substantial fine but also barred Trump\u200b from holding\u2063 any officer or director positions in New York corporations or legal entities for\u2064 three years. Furthermore, Trump&#8217;s sons, Donald Trump Jr. and Eric Trump, are\u2063 prohibited\u2064 from conducting\u200b business \u200cin New York\u200c for two years.<\/p>\n<p>Considering \u200cthe\u200c potential consequences, if both the defamation verdicts and Engoron&#8217;s order \u2064are upheld after the expected appeals process, Trump could face a staggering loss of up\u2062 to $450 million across all three cases.<\/p>\n<p>This latest development in the legal \u200bbattles \u200bbetween Trump and the New \u200dYork \u2062Attorney General&#8217;s office highlights the determination to\u2062 ensure accountability, regardless of one&#8217;s previous status. Letitia James is unwavering \u200cin \u200bher pursuit of justice and is ready to take the necessary actions to seize Trump&#8217;s assets if he fails to pay the fine deemed necessary by the court. Time will tell how this <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/oklahoma-approves-first-religious-charter-school-in-united-states\/\" title=\"First religious charter school approved in Oklahoma.\">legal battle unfolds<\/a> and what the \u2063ultimate outcome will be for both Trump and\u2064 the pursuit of justice in New York.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York AG Letitia James plans to take legal action, seeking court approval to seize ex-President Donald Trump&#8217;s assets if he can&#8217;t pay his $354 million fine. She&#8217;s determined to pursue even his prized possession if he fails to meet the required payment for his civil case<\/p>\n","protected":false},"author":2643,"featured_media":2182810,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/collage-maker-10-aug-2022-12.46-AM.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2182809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/collage-maker-10-aug-2022-12.46-AM.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2182809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2643"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2182809"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2182809\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2182810"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2182809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2182809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2182809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}