9 mo. ago • 98%

Letitia James says she's prepared to seize Trump's buildings if he can't pay his $354M civil fraud fine

abcnews.go.com Letitia James says she's prepared to seize Trump's buildings if he can't pay his $354M civil fraud fine

New York AG Letitia James tells ABC News that she is prepared to seize Donald Trump's assets if he is unable to pay the $354 million fine in his civil fraud case.

News @lemmy.world Letitia James says she's prepared to seize Trump's buildings if he can't pay his $354M civil fraud fine

20 comments

Now do Florida. I'd bet everything that Trump did the same thing with Mar-a-lago.

52
- The Florida AG is a Russian asset.
  
  56
  
  Florida is a Russian asset.
  
  15
- are you kidding me? the state that let this child rapist off? never happen in florida
  
  28
  
  Unfortunately, you will have to be more precise. That really doesn't narrow it down that much.
  
  19
- Florida probably has weaker business fraud laws.
  
  9
Leticia, you’re never gonna get the smell of rancid hamberders out.

But please do it anyway!

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The article didn't mention anything about a time frame? So when might this happen? Before the appeal is heard maybe?

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- After each verdict Trump has a 30-day window to come up with cash or a bond to appeal. If he doesn't meet that requirement they can immediately begin seizing his assets. If he meets that requirement, enforcement will be stayed pending the appeal. He also can't appeal if he doesn't meet that requirement. With interest, he needs to come up with close to half a billion to appeal all three civil cases he lost.
  
  34
  
  The thought of him losing his buildings months before the election makes me so happy!
  
  24
  
  Well he claims he is a multi-billionare with over 400 million in cash and a total of almost 10 billion in assets, I'm sure he will be paying something that small quickly and with no drama whatsoever. Right?
  
  9
  
  Thanks for that. So the next few days will be interesting. My guess is he'll wait until nearly the last day to file an appeal - to drag proceedings out as much as possible.
  
  5
Now's the time to buy stock in popcorn distributors. If they repurpose the Trump tower to something like the "Katherine Johnson Memorial Museum of Influential Women of Color" then demand is going to be fucking HIGH!

I'm all for it.

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I'm here for it, but I think this kind of thing needs to go further. Get all the developers who do this. Start with the largest wrong doers.

14
Hell yeah! Turn them into homeless shelters.

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- Much safer and otherwise better ones than the ones NYC already has, though.
  
  3
And then when they can't be sold at anything close to reported value go after him for the differance too.

4
Heh. Then sell it to ejean for a discount.

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