If Trump Fails To Pay $354 Million Fine, AG James Has Threatened To Confiscate His Assets

(NewsReady.com) – Former President Donald Trump, his eldest sons, and the Trump Organization were all found guilty of fraud in a civil lawsuit brought by Letitia James, the New York attorney general. Judge Arthur Engoron ordered the ex-POTUS to pay a fine of $354.8 million. The AG has now said she could confiscate his assets if he doesn’t pay up.

On February 20, James sat down for an interview with Aaron Katersky from ABC News to discuss the trial and verdict. She said that if Trump doesn’t have the money to pay the fine, plus about $100 million in pre-judgment interest, then the state of New York will “seek judgment enforcement mechanisms in court, and [the state] will ask the judge to seize his assets.”

James said that she looks at the former president’s property on Wall Street every day, insinuating that she would seize his Lower Manhattan building, one of his prized possessions.

The attorney general said she’s “very confident” that her case against the Trump Organization is strong enough to survive an appeal. She also contradicted the former president’s claim that there were no victims in the case.

James said, “Financial frauds are not victimless crimes.” She pointed out that average New Yorkers would have the book thrown at them if they submitted fraudulent documents to a bank. She stated that “the same should be true for former presidents.”

Trump has maintained he has done nothing wrong. In the wake of the verdict, he and his allies claimed he was being targeted by the Left the same way Alexei Navalny was attacked by Russian President Vladimir Putin. The opposition leader died in a Russian prison the same day the fine was handed down to Trump.

Speaking to Fox News’ Laura Ingraham about the fine, Trump said, “It is a form of Navalny. It is a form of communism or fascism.” He explained that the only reason he thinks he’s been indicted and fined is because of politics.

Trump is currently the frontrunner for the GOP nomination for president—again.

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