The MeidasTouch Podcast NY Prosecutor READY TO SEIZE Trump’s Buildings if HE FAILS TO PAY
Feb 21, 2024
New York Attorney General Letitia James could seize Trump's buildings if he fails to pay a hefty bond exceeding $400 million. The podcast dives into the implications of this legal battle, highlighting Trump's financial turmoil and the potential impact on his business empire. It also discusses accountability and the broader consequences of white-collar fraud on everyday lives. With insights from legal experts, listeners get a captivating look at the balance of power and justice in high-stakes situations.
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Trump's Potential Asset Seizure
- NY AG Letitia James is prepared to seize Trump's assets, including buildings, if he can't pay the $355M fine.
- Trump claims the banks weren't harmed because loans were repaid, but James argues financial fraud isn't victimless.
Trump's Financial Troubles
- Trump's fine, including interest, totals over $463.9M, and he faces an additional $83.3M from the E. Jean Carroll defamation case.
- Trump will need to post bonds exceeding $500M combined and seems uncertain about his ability to pay.
Trump's Interview with Laura Ingraham
- Trump, in an interview with Laura Ingraham, hedged about having the cash to post the bond, claiming the case is politically motivated.
- He also compared himself to Alexei Navalny.