New York Attorney General Letitia James moved Thursday to begin seizing assets belonging to Donald Trump after he was ordered to pay $464 million for allegedly inflating the value of his Mar-a-Lago real estate to secure financial loans.
#BREAKING: The New York attorney general’s office has filed judgments in Westchester County, where former President Trump’s golf resort and private estate is known as Seven Springs is located — a first step toward seizing the asset. https://t.co/6DtBIZ2OOY
— The Hill (@thehill) March 21, 2024
BREAKING NOW:
AG Letita James takes initial steps to seize Donald Trump's assets.
The New York attorney general’s office has filed judgments in Westchester County, an indication that the state will try to seize Trump’s golf course and Seven Springs Estate.
This is a developing… pic.twitter.com/VuhEPptkUG
— Conservative Brief (@ConservBrief) March 21, 2024
“The suggestion is both impractical and unjust. The Attorney General cites no New York case law to support this contention. In any event, from the perspective of risk, the Attorney General’s proposal of a ‘court-appointed officer’ to ‘hold real estate’ is functionally equivalent to what Supreme Court has already imposed through the requirement of a court-appointed monitor to oversee Defendants’ business operations,” Trump’s lawyers wrote.
“By demanding an undertaking in the full amount of the judgment in order to appeal, the Attorney General and Supreme Court have sought to impose a patently unreasonable, unjust, and unconstitutional (under both the Federal and New York State Constitutions) bond condition,” they wrote.
Trump himself commented on the decision using his Truth Social media platform.
“Even though I did nothing wrong, a Radical Left New York Judge, a true Trump Hater, Arthur Engoron (Are we allowed to speak about his Unconstitutional Gag Order?), picked a number out of THIN AIR, $355,000,000, plus interest (reminiscent of John Lovitz, “The Liar,” on SNL when it was good), & wants me to bond it, which is not possible for bonding companies to do in such a high amount, before I can even Appeal. That is CRAZY! If I sold assets, and then won the Appeal, the assets would be forever gone. Also, putting up money before an Appeal is VERY EXPENSIVE. When I win the Appeal, all of that money is gone, and I would have done nothing wrong. The Crooked Judge, who has already been overturned 4 times on this case (a record!), fully understands this. He gave us a demand which he knows is impossible to do. This Witch Hunt, between a bad Judge and a Corrupt & Racist Attorney General, is horrible for New York. Businesses are FLEEING, while Violent Crime flourishes. ELECTION INTERFERENCE!” posted Trump.