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Donald Trump on Thursday again asked loyal supporters for cash to help him meet mounting legal expenses and keep the “filthy hands” of the New York attorney general off Trump Tower and other properties.
The judge who handed down a $464 million judgment against Donald Trump, his company and co-defendants in a civil fraud case has ordered the Trump Organization to keep the court closely informed about any efforts to secure a bond ahead of Monday’s deadline.
As Donald Trump looks increadingly unlikely to secure a bond to satisfy his $464m civil fraud judgment, the New York Attorney General Letitia James has not been shy about the potential for her to seize his assets — perhaps including his New York City namesake, Trump Tower.
New York Attorney General Letitia James has filed a judgment with the Westchester County clerk’s office over fraud committed by former President Donald Trump, allowing her office to seize local properties from the purported billionaire and real estate developer if he cannot pay the $464 million penalty imposed by a court.
For all the attention paid to Donald Trump’s likely upcoming criminal trial in Manhattan, he’s facing a far more urgent threat in coming days: the prospect that he won’t be able to post a nearly half-billion-dollar bond in the New York civil fraud case against him and his company.
Days after Donald Trump lost a months-long civil trial on allegations that he defrauded investors, New York Attorney General Letitia James said she was prepared to begin seizing his assets if the former president couldn’t find the cash to pay the $464m judgment against him.
A judge ordered Donald Trump's company Thursday to inform a court-appointed financial watchdog about any future efforts to obtain an appeal bond. Judge Arthur Engoron's order came three days after Trump's lawyers said in a court filing it has been "impossible" for the former president to get such a bond for a civil fraud case he lost. Trump was seeking the bond to prevent New York's attorney general from collecting on a $454 million civil fraud judgment against him while he appeals the verdict in Manhattan Supreme Court. His attorneys said more than 30 surety companies rejected Trump's request for a bond. Attorney General Letitia James can begin seizing Trump's properties next Monda
NEW YORK (AP) — Former President Donald Trump’s lawyers kept pressing an appellate court Thursday to excuse him from covering a $454 million fraud lawsuit judgment for now, saying he’d suffer “irreparable harm” before his appeal is decided.