New York Attorney General Threatens to Seize Trump's Assets

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New York,Attorney General,Donald Trump

The New York attorney general may start seizing Donald Trump's assets if he fails to post a $175 million bond on Monday.

The New York attorney general may start seizing Donald Trump 's assets if he fails to post a $175 million bond on Monday.Trump posted a $175 million bond on April 1 to prevent Attorney General Letitia James from seizing his assets while he appeals a civil fraud judgment against him, but this was rejected by a New York court.

Trump was hit with a penalty that came to around $454 million after interest, and would have had to pay a bond slightly higher than that amount to stave off the state from seizing assets, such as his many real estate holdings, to cover the penalty. An appeals court later ruled that he could instead pay a lower bond of $175 million.The bond was then rejected by the court's filing system shortly after it was posted.

New York Attorney General Donald Trump Assets Bond Civil Fraud Judgment

 

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