politics @lemmy.worldEnglish · 9 months ago

Letitia James can target any Donald Trump assets "across the world": Lawyer

www.newsweek.com

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Letitia James can target any Donald Trump assets "across the world": Lawyer

www.newsweek.com

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politics @lemmy.worldEnglish · 9 months ago

The former president has to post a $454 million bond by Monday or his assets will be seized by the New York attorney general.

New York Attorney General Letitia James can target any of former President Donald Trump’s assets from “across the world” in order to pay the $454 million judgment he owes, according to lawyer Renee Zaytsev on Saturday.

In February, Judge Arthur Engoron ordered Trump to pay $355 million, plus interest, and barred him from doing business in New York for three years after finding him liable for financial fraud in September 2023 in a lawsuit brought on by James’ office. Trump, the presumed GOP presidential nominee in the 2024 election, has claimed that he has done nothing wrong and that the case is politically motivated against him. He has appealed Engoron’s judgment.

Meanwhile, the former president has until Monday to come up with a $454 million bond to stop James from seizing his assets in order to pay Engoron’s judgment.

MSNBC’s Katie Phang asked Zaytsev onThe Katie Phang Show on Saturday about what James could do if Trump can’t come up with the bond.

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9 months ago
I just wanted to make a joke about one of his many egregious crimes. I hope she takes everything he owns.

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