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How much is Trump’s property empire worth and what could Letitia James seize if he doesn’t pay fraud bond?

Donald Trump has been granted an extra 10 days to pay a $175m bond in the New York fraud case against him, granting the Republican presidential candidate an important reprieve on the day the full $464m judgement against him had been due.

Judge Arthur Engoron ruled last month that Mr Trump must pay $354m in fines and a further $110m plus interest ($464m, all in) after being found liable by a jury of inflating the value of Trump Organization assets between 2011 and 2021 in order to obtain favourable loans from banks and insurers.

With interest ticking ever-upwards at 9 per cent or $120,000 a day, the exact total he owed as of Monday 25 March was closer to $468.1m, with his lawyers arguing that finding a bond company to support such a huge amount has proven a “practical impossibility” after approaching more than 30 surety firms through four separate brokers.

Despite that appeal from his attorneys as they sought the delay, Mr Trump had insisted in a social media post on Friday that he has $500m on hand in ready cash but wants to use it on his presidential campaign instead.

If he still does not place the bond in accordance with the new terms, the candidate leaves himself open to having his bank accounts frozen and prized luxury real estate assets repossessed by New York attorney general Letitia James, who has freely admitted she is relishing that prospect.

“If he does not have funds to pay off the judgement, then we will seek judgment enforcement mechanisms in court and we will ask the judge to seize his assets,” she told ABC News recently.

“We are prepared to make sure that the judgment is paid to New Yorkers, and yes, I look at 40 Wall Street each and every day.”

Although he has long presented himself as a billionaire

Read more on independent.co.uk