{"id":154644,"date":"2024-03-22T09:05:57","date_gmt":"2024-03-22T13:05:57","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=154644"},"modified":"2024-03-21T19:18:30","modified_gmt":"2024-03-21T23:18:30","slug":"letitia-james-ready-to-seize-some-of-donald-trumps-assets","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=154644","title":{"rendered":"Letitia James ready to seize some of Donald Trump’s assets"},"content":{"rendered":"

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Letitia James told ABC news that she would look to take some of Donald Trump’s assets if he’s not able to pay the bill from Judge Arthur Engoron’s ruling. Engoron ruled that Trump lied about his wealth and rendered judgement accordingly. Consequently, Trump owes New York nearly $454 million dollars. For each day that this bill is not paid, it does up by $87,502.<\/p>\n

From AP News:<\/b><\/span><\/p>\n

NEW YORK (AP) — Donald Trump could be at risk of losing some of his prized properties if he can’t pay his staggering New York civil fraud penalty. With interest, he owes the state nearly $454 million — and the amount is going up $87,502 each day until he pays.<\/p>\n

New York Attorney General Letitia James told ABC News on Tuesday that she will seek to seize some of the former president’s assets if he’s unable to cover the bill from Judge Arthur Engoron’s Feb. 16 ruling.<\/p>\n

Engoron concluded that Trump lied for years about his wealth as he built the real estate empire that vaulted him to stardom and the White House. Trump denies wrongdoing and has vowed to appeal.<\/p>\n

“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 assets,” James, a Democrat, said in an interview with ABC reporter Aaron Katersky.<\/p>\n

Trump’s ability to pay his mounting legal debts is increasingly murky after back-to-back courtroom losses. In January, a jury ordered him to pay $83.3 million for defaming writer E. Jean Carroll.<\/p>\n

Trump claimed last year that he has about $400 million in cash — reserves that would get eaten up by his court penalties. The rest of his net worth, which he says is several billion dollars, is tied up in golf courses, skyscrapers and other properties, along with investments and other holdings.<\/p><\/blockquote>\n

AP News provides additional information here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Letitia James told ABC news that she would look to take some of Donald Trump’s assets … Letitia James ready to seize some of Donald Trump’s assets<\/span>Read more<\/a><\/p>\n","protected":false},"author":661,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[643,469],"tags":[],"class_list":["post-154644","post","type-post","status-publish","format-standard","hentry","category-2024-election","category-donald-trump"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/154644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/661"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=154644"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/154644\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=154644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=154644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=154644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}