New York Attorney General Letitia James has taken the first steps towards seizing one of former President Donald Trump’s properties. The leftist attorney general who campaigned on “getting Trump” has vowed to seize Trump’s properties if he is unable to pay the $464 million fine levied against him in James’ dubious civil fraud case.
On March 6, James registered Judge Arthur Engoron’s $464 million judgement against Trump in Westchester County, according to a Westchester County online database. The move will make it easier for James to seize the former president’s 140-acre Trump National Golf Club Westchester and Seven Springs estate, both of which are located in the New York suburb, if he is unable to pay the fine by Monday.Judgements against the Trump Organization, as well as Donald Trump Jr. and Eric Trump, have also been filed in the county.
Trump’s attorneys have sought court approval for a reduced $100 million bond, which could result in a decision shortly. In a separate court filing, Trump’s attorneys have stated that securing the full amount is a “practically impossibility.”
“The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,” Trump’s lawyers said. “Despite scouring the market, we have been unsuccessful in our efforts to obtain a bond for the Judgment Amount for Defendants for the simple reason that obtaining an appeal bond for $464 million is a practical impossibility under the circumstances presented.”