{"id":2184400,"date":"2024-02-22T20:15:02","date_gmt":"2024-02-23T01:15:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/letitia-james-says-shes-ready-to-seize-trumps-buildings-assets-if-he-cant-pay-354m-fine\/"},"modified":"2024-02-22T20:18:28","modified_gmt":"2024-02-23T01:18:28","slug":"letitia-james-says-shes-ready-to-seize-trumps-buildings-assets-if-he-cant-pay-354m-fine","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/letitia-james-says-shes-ready-to-seize-trumps-buildings-assets-if-he-cant-pay-354m-fine\/","title":{"rendered":"Letitia James ready to seize Trump&#8217;s properties if he can&#8217;t pay $354M fine"},"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\">26<\/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-says-shes-ready-to-seize-trumps-buildings-assets-if-he-cant-pay-354m-fine%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=2184400&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--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Attorney General Letitia\u2064 James \u2062arrives for a press conference following a verdict against former U.S. President Donald Trump in a civil fraud trial on February 16, 2024 in New York City. (Photo by Michael M. Santiago\/Getty Images)<\/figcaption><\/figure>\n<h2>OAN\u2019s <a href=\"https:\/\/www.oann.com\/tag\/brooke-mallory\">Brooke Mallory<\/a><br \/>5:10 PM \u2013 Thursday, February 22, 2024<\/h2>\n<p>Attorney General\u200b Letitia \u2062James of New York\u2064 told<em> ABC News<\/em> that\u2062 if \u200bformer President Donald Trump cannot find\u200d the money \u2063to \u2063pay the $354 million fine in his civil \u200bfraud case, she\u2062 is ready\u200d to confiscate his\u200c assets. The \u200cjudge\u2019s order to pay the money was issued four days ago.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-3\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-3'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cIf he does not have \u2062funds to pay off\u2064 the judgment, then we will <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/letitia-james-threatens-to-seize-trumps-new-york-buildings-if-he-cant-pay-massive-350-million-fine\/\" title=\"Letitia James warns of seizing Trump's NY properties if he fails to pay 0M+ fine\">seek judgment enforcement mechanisms<\/a> in court, and we will ask the judge to seize his assets,\u201d James said in an interview.<\/p>\n<\/blockquote>\n<p>According to James and Judge Arthur Engoron, who penalized \u200bhim $354.8 million\u200c plus about $100 million in\u2064 pre-judgment interest \u200bon Friday, Trump allegedly exaggerated his net worth to obtain better credit terms. <\/p>\n<p>The former president has declared he will file an appeal and denied any misconduct.<\/p>\n<p>Reiterating that her \u200boffice would not\u200c hesitate to seize Trump\u2019s assets\u2014mentioning specifically the \u201c40 Wall Street skyscraper\u201d\u2014if the former president is unable to find the money to\u200d cover the court-ordered disgorgement, James said she was \u201cvery confident\u201d in the strength of her case \u2062on appeal.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cWe are prepared to make sure that the judgment is paid\u200c to New Yorkers, and yes, I \u200dlook at 40 \u200cWall Street each and every day,\u201d James said regarding the court process for collecting judgments in civil cases.<\/p>\n<\/blockquote>\n<p>James vehemently refuted Trump\u2019s claim that there \u2064were no victims in the case.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cFinancial frauds are not victimless crimes. He engaged in this massive amount of fraud. \u2062It wasn\u2019t just a simple \u200cmistake, a\u200d slight oversight, \u2062the variations are wildly exaggerated, and the extent \u2063of the \u2062fraud was\u2064 staggering,\u201d James said. \u201cIf average New Yorkers went into a bank \u2063and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/foreign-company-with-troubled-past-buys-into-massive-midwest-carbon-capture-project\/\" title=\"Foreign Company With Troubled Past Buys Into Massive Midwest Carbon Capture Project\">submitted false documents<\/a>, the government would throw the book at them, and the same should be true for former presidents.\u201d<\/p>\n<\/blockquote>\n<p>James \u200calso shot down \u200dTrump\u2019s claim that a large-scale economic migration from \u2063New York will result from the case.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cLast I checked, tourism is\u200b up. Wall Street \u2064is \u2063doing just fine,\u201d James said. \u201cSomeone once told me if you want something done, give it to a \u2062woman,\u201d she added.<\/p>\n<\/blockquote>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">(Photo screenshot via: Truth Social <strong>@realDonaldTrump<\/strong>)<\/figcaption><\/figure>\n<p>Stay informed! Receive \u200dbreaking news blasts directly to your inbox for free. Subscribe here. <a href=\"https:\/\/www.oann.com\/alerts\">https:\/\/www.oann.com\/alerts<\/a><\/p>\n<\/p>\n<div id=\"rc-widget-10bad2\" data-rc-widget data-widget-host=\"habitat\" data-endpoint=\"\/\/trends.revcontent.com\" data-widget-id=\"278641\"><\/div>\n<p class=\"dpsp-share-text\" style=\"margin-bottom:10px\"> \t\t \t\tShare this post!\t<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Joe Biden side steps the Supreme Court to transfer Student Loans, judge Engoron denies Trump\u2019s payment delay request \u2063and the Rust armorer stands trial.<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>The FBI, DHS and other cybersecurity agencies are probing a widespread Telecommunications outage, to determine if it was caused by a cyber-attack.<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>President Joe Biden\u2019s\u200d brother, James, was in the hot seat on Capitol Hill. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/amb-sondland-sues-pompeo-state-department-for-1-8m-in-legal-fees\/\" title=\"Amb. Sondland Sues Pompeo, State Department for .8M in Legal Fees\">closed-door testimony<\/a> comes as part\u2064 of the House Oversight\u2062 Committee\u2019s impeachment inquiry into the President.<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Get ready to meet the man behind the headlines.\u200c He snagged Trump\u2019s golden \u2018Never Surrender\u2019 high tops,\u200d signed by the former president, \u2063for\u2062 a $9,000 bid at Philadelphia\u2019s\u200d \u2018Sneaker \u2063Con\u2019 last weekend. He says overnight, the mainstream media painted him as a Russian oligarch.<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Nvidia galloped to $2\u200b trillion market value after the bellwether for AI chip demand once again\u00a0exceeded\u00a0Wall Street\u2019s sky-high expectations.<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Apple is rolling out an\u200c upgrade to its iMessage texting platform to defend against <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sacrilege-in-the-halls-of-st-patricks-cathedral-in-nyc\/\" title=\"Sacrilege at St. Patrick's Cathedral in NYC\">future encryption-breaking technologies<\/a>.<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>The first human patient implanted with a brain-chip from Neuralink appears to have fully recovered.<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>A group of 20 tech companies announced they will work together\u200d to prevent deceptive AI content from interfering with elections.<\/h3>\n<\/p><\/div>\n<p> rnrn  <\/p>\n<h2> \u2064 What is the penalty \u200cthat former President Donald Trump has been ordered to \u200dpay in his civil fraud case by Attorney General Letitia James?<\/h2>\n<p><span>  Attorney General Letitia James Ready to Seize Trump&#8217;s Assets, Says ABC News<\/p>\n<p>Attorney General Letitia James of New York has stated in an interview with ABC News that\u200d if former President Donald Trump fails \u200cto pay the $354 million fine in his civil fraud case, she is prepared to confiscate his\u2063 assets. The judge&#8217;s order to pay the sum was issued four days ago.<\/p>\n<p>&#8220;If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his \u200cassets,&#8221; James said.<\/p>\n<p>According \u2064to James and Judge Arthur Engoron, who imposed the $354.8 million penalty plus around $100 million in pre-judgment interest, \u2064Trump allegedly inflated his\u200d net worth to \u200cobtain \u200cbetter credit terms.<\/p>\n<p>The former president has announced his intention to file an \u200dappeal \u2064and has \u200cdenied any wrongdoing.<\/p>\n<p>James has been clear\u2062 that her office will not hesitate to seize Trump&#8217;s assets if he is unable\u2062 to cover the court-ordered disgorgement, specifically mentioning the &#8220;40 \u2062Wall Street skyscraper.&#8221; She expressed confidence in the strength of her case on appeal.<\/p>\n<p>&#8220;We are\u2064 prepared \u200dto make sure that the judgment is paid to New Yorkers, and yes, I look at 40 Wall Street each and every day,&#8221; James\u2063 stated regarding the process of collecting judgments in civil \u2063cases.<\/p>\n<p>James vehemently refuted Trump&#8217;s claim that there were no\u200b victims in \u2064the\u2064 case.<\/p>\n<p>&#8220;Financial frauds are not victimless crimes. He\u2064 engaged in\u200d this massive amount of fraud. It wasn&#8217;t just a simple mistake, a slight oversight, the variations are \u200bwildly exaggerated, and \u2064the \u2064extent of the fraud was staggering,&#8221; James \u200csaid. &#8220;If average New Yorkers went into a bank and submitted false documents, the government would throw the book at\u200c them, and the same should be true for \u2064former presidents.&#8221;<\/p>\n<p>James also dismissed Trump&#8217;s assertion that a large-scale \u200beconomic migration from New York would result from the case.<\/p>\n<p>&#8220;Last I checked, tourism is up. Wall Street is \u200bdoing just fine,&#8221; James responded. &#8220;Someone once told me if you\u200b want something done, give it to a woman,&#8221;\u2064 she added.<\/p>\n<p>The controversy surrounding Trump&#8217;s civil fraud case continues to unfold, with James committed to\u200d ensuring that the judgment is paid in full, while\u2063 the former president plans to fight the\u200d decision through the appeals process.<\/p>\n<p>Stay\u2062 informed! Receive breaking news blasts directly to your inbox for free. Subscribe here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Attorney General Letitia James of New York spoke to ABC after a civil fraud trial verdict against former President Donald Trump. She arrived for a press conference in New York City on February 16, 2024. (Photo by Michael M. Santiago\/Getty Images) OAN\u2019s Brooke Mallory 5:10 PM \u2013 Thursday, February 22, 2024<\/p>\n","protected":false},"author":1866,"featured_media":2184401,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/02\/GettyImages-2016269048.webp","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2184400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/02\/GettyImages-2016269048.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2184400","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\/1866"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2184400"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2184400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2184401"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2184400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2184400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2184400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}