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Kennah

(14,265 posts)
Thu Mar 21, 2024, 03:29 PM Mar 21

New York AG takes 1st step toward possibly seizing Trump's assets as part of $464M fraud judgment

Source: ABC News

New York Attorney General Letitia James has taken an initial step toward laying the groundwork for a possible seizure of former President Donald Trump's assets in New York's Westchester County as part of the $464 million judgment in Trump's civil fraud trial.

State officials have entered the judgment from Trump's civil fraud trial in Manhattan with the county clerk's office in Westchester, which would allow James to move to take possession of Trump National Golf Course in Briarcliff Manor and Seven Springs, a private estate in Bedford, if Trump fails to secure a bond.

His lawyers this week said Trump is facing "insurmountable difficulties" obtaining a bond to cover the $464 million judgment imposed by Judge Arthur Engoron. They have asked an appeals court for permission to post a smaller bond or none at all.

If Trump does not secure a financial guarantee by Monday's deadline, James could begin the legal process of seizing Trump's bank accounts and physical assets in Manhattan and Westchester through liens and foreclosures.

Read more: https://abcnews.go.com/US/trumps-attorneys-appeals-court-secure-464m-bond-fraud/story?id=108347165



32 replies = new reply since forum marked as read
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New York AG takes 1st step toward possibly seizing Trump's assets as part of $464M fraud judgment (Original Post) Kennah Mar 21 OP
Apparently she has identified two properties with some equity. Irish_Dem Mar 21 #1
Rec this please. It is superb. twodogsbarking Mar 21 #2
I love the caption on the AG's photo. Omnipresent Mar 21 #3
Oh I can't wait to see this Blue Owl Mar 21 #4
Go get em girl Beachnutt Mar 21 #5
Bwah! 🤞🤞🤞 electric_blue68 Mar 22 #31
I'm still expecting the Saudis to step in. Hope I'm wrong. nt The Unmitigated Gall Mar 21 #6
Saudis, somebody. . A last minute "saviour", and this whole whining niyad Mar 21 #17
Exactly. The Unmitigated Gall Mar 21 #20
Notice that Jared isn't stepping up with any of the 2 Billion he got from the Saudis. progressoid Mar 22 #30
He's probably already squirreled his money offshore. Turbineguy Mar 21 #7
Tish James to TFG: #FAFO DinahMoeHum Mar 21 #8
oscar . mike . gulf. good for her. mess w me . im going to mess with you big time . AllaN01Bear Mar 21 #9
If Letitia James gets the golf courses...she better look for bodies! Sancho Mar 21 #10
And also for classified documents while she's at it. soldierant Mar 21 #13
Not in the ones Ojerly Mar 21 #14
Love the look on Letitia's face!! Right there with her!!! PortTack Mar 21 #11
Yeah, this is going to be interesting. EndlessWire Mar 21 #12
Dear Donald, This is your own fault so go fuck yourself. Yours truly.........Well not really. cstanleytech Mar 21 #15
Should of stayed out the White House Roc2020 Mar 21 #16
How do they determine the value of seized property to decide when the judgement is satisfied? MichMan Mar 21 #18
I think they assess an asset, seize it, sell it, whatever the state gets goes towards the debt Kennah Mar 21 #19
Would be most amusing if they seized the one that is the best one he could use as collateral for a loan. cstanleytech Mar 21 #22
I'm betting they seize a number of assets, assessing which ones actually aren't mortgaged to the hilt Kennah Mar 22 #23
Nevermind, I need sleep as I have only had 2 hours in 3 days cstanleytech Mar 22 #24
I might wake up drunk in a field next week Kennah Mar 22 #25
I don't have that option as liquor and diabetes do not mix well at all. cstanleytech Mar 22 #26
I mostly don't either as a stroke survivor Kennah Mar 22 #27
Looks like we're both screwed lol cstanleytech Mar 22 #28
She is my hero liberal N proud Mar 21 #21
The look on her face in that photo NanaCat Mar 22 #29
Heh. Go, AG James! I am sooo 🤞🤞🤞🤞🤞 this actually happens! NO Reprieve! Especially as a NYC'r. electric_blue68 Mar 22 #32

niyad

(113,315 posts)
17. Saudis, somebody. . A last minute "saviour", and this whole whining
Thu Mar 21, 2024, 06:13 PM
Mar 21

and pleading and begging has been one gigantic hoax?? One does wonder. . .

The Unmitigated Gall

(3,814 posts)
20. Exactly.
Thu Mar 21, 2024, 08:19 PM
Mar 21

Waiting till the last minute to save him would really be a twist of the knife.
But I hope I’m wrong.

Sancho

(9,070 posts)
10. If Letitia James gets the golf courses...she better look for bodies!
Thu Mar 21, 2024, 05:04 PM
Mar 21

Who knows how many ex-wives or girlfriends are buried in the rough!!!!

EndlessWire

(6,531 posts)
12. Yeah, this is going to be interesting.
Thu Mar 21, 2024, 05:09 PM
Mar 21

It'll be a race to the Courthouse door. She's gonna file something on Donald on Monday. Does that mean the places shut down, or access is shut off? Would the completed foreclosure date mean that NY gets possession?

Where did the display of classified docs take place in Bedminster? Anywhere near those places mentioned? 'Cause, I'd like a sweep for hidden documents. Is he gonna get a court-ordered chance to vacate with all his belongings? What's gonna happen? If you please, I'll take possession of any classified docs found, because I really am a patriot, and I will return them to the People via Biden. Just give me a call...at any rate, I'd scrub the places down to the foundations. If she took possession with his stuff in there, can she search the places without a search warrant?

For the life of me, I don't understand why we never searched ALL his properties looking for classified docs. We already know that some of the docs left MAL. We want them back!

Roc2020

(1,616 posts)
16. Should of stayed out the White House
Thu Mar 21, 2024, 05:55 PM
Mar 21

You thought you could do the job of President, and that job destroyed you.

Kennah

(14,265 posts)
19. I think they assess an asset, seize it, sell it, whatever the state gets goes towards the debt
Thu Mar 21, 2024, 06:57 PM
Mar 21

If they get more than what the debt is, then any extra goes back to Trump. $464 million dollars lighter.

cstanleytech

(26,291 posts)
22. Would be most amusing if they seized the one that is the best one he could use as collateral for a loan.
Thu Mar 21, 2024, 11:56 PM
Mar 21

Kennah

(14,265 posts)
23. I'm betting they seize a number of assets, assessing which ones actually aren't mortgaged to the hilt
Fri Mar 22, 2024, 12:04 AM
Mar 22

NanaCat

(1,128 posts)
29. The look on her face in that photo
Fri Mar 22, 2024, 03:18 AM
Mar 22

Says it all. Whoever's on the receiving end of it hasn't and won't fool her, not for one nanosecond.

electric_blue68

(14,903 posts)
32. Heh. Go, AG James! I am sooo 🤞🤞🤞🤞🤞 this actually happens! NO Reprieve! Especially as a NYC'r.
Fri Mar 22, 2024, 11:48 PM
Mar 22
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