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NY Attorney General Ready to Seize Trump’s Assets Over Fraud Case

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Clear Facts

  • New York Attorney General Letitia James has stated that she is prepared to seize former President Donald Trump’s assets if he cannot cover a $354 million fine in his civil fraud case.
  • Trump was fined $354.8 million plus approximately $100 million in pre-judgment interest after Manhattan Supreme Court Judge Arthur Engoron ruled that Trump had inflated his net worth to secure more favorable loan terms.
  • James has dismissed Trump’s claims that businesses would leave New York over the case, arguing that tourism is up and Wall Street is performing well.

In a recent interview with ABC News, New York Attorney General Letitia James expressed her readiness to seize former President Donald Trump’s assets. This action would be taken if Trump is unable to pay a $354 million fine related to his civil fraud case.

James stated, “If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets.”

The fine, amounting to $354.8 million plus approximately $100 million in pre-judgment interest, was imposed on Trump by Manhattan Supreme Court Judge Arthur Engoron. The judge ruled that the former president had inflated his net worth to secure more favorable loan terms.

Despite Trump’s intentions to appeal the ruling, he will be required to pay the fine as a bond to New York State before he can proceed with his appeal.

When questioned about Trump’s defense that the banks were repaid for all loans and there were no victims in the case, James responded, “financial frauds are not victimless crimes.” She did not identify any specific victims but described the fraud as “massive.”

She further stated, “He engaged in this massive amount of fraud. It wasn’t just a simple mistake, a slight oversight, the variations are wildly exaggerated, and the extent of the fraud was staggering.” James also posed a hypothetical scenario, “If average New Yorkers went into a bank and submitted false documents, the government would throw the book at them, and the same should be true for former presidents.”

James mentioned that she has her sights set on Trump’s building on 40 Wall Street, known as the “Trump building.” She said, “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.”

James dismissed Trump’s assertion that businesses would leave New York over the case. She countered, “Last I checked, tourism is up. Wall Street is doing just fine.”

In conclusion, James expressed pride in her case against Trump, as well as those of columnist E. Jean Carroll, and embattled Fulton County District Attorney Fani Willis. She said, “Someone once told me if you want something done, give it to a woman.”

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Clear Thoughts (op-ed)

New York Attorney General Letitia James is on a mission to hold former President Donald Trump accountable, even if that means seizing his assets. Her determination to pursue Trump’s assets is a clear example of the political weaponization of the justice system.

The fact that James is already discussing seizing Trump’s assets, despite his intention to appeal the ruling, demonstrates a concerning eagerness to punish him. This seems more like a vendetta against Trump than a genuine pursuit of justice.

Moreover, James’ dismissal of Trump’s claim that there were no victims in the fraud case further highlights her bias. She fails to identify any specific victims, yet insists on painting Trump as a villain.

Lastly, her statement that “if you want something done, give it to a woman” is a clear attempt to politicize the case and rally support rather than focus on the facts. Overall, it appears that James is more interested in making a name for herself than in seeking true justice.

Let us know what you think, please share your thoughts in the comments below.

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28 Comments

28 Comments

  1. keith bond

    February 22, 2024 at 6:35 pm

    just wait until Trump sues the Clinton foundation for the same amount for making and paying for false accusations against him

    • James Mercogliano

      February 23, 2024 at 11:03 am

      Its time for the US Supreme Court to step in and put and end to this unjust and shamefull ruling and its time for the New York barr association to disbar the AG and the Judge for Life.

    • Master

      April 19, 2024 at 1:26 pm

      Not just sue them but charge them all with election fraud and high treason. Especially the wicked witch of the Midwest. Who was spying for China with her unprotected and unauthorized computer severs in her house. Don’t stop with the Clinton crime family. Continue with the Obama.crime family, and the Biden crime family. They have all committed high treason and need to receive the penalty for such crimes. When their bank accounts are seized and used to pay down the national debt, it would be good start on justice for the American people.

  2. Cedobbs

    February 22, 2024 at 6:37 pm

    She needs to be put under the jail doing an bragging about what she has done. An then turning around an bragging on her self. I hope Trump can find any to put her an the judge in jail after he sees them an get all his money plus 20% interest fir all the trouble

    • John

      February 22, 2024 at 7:04 pm

      This was going to happen, regardless of the trial length. Because the judge is corrupt. Violated trump’s Constitutional rights to a trial by jury.but the judge refused a jury. Because he hates them. And said they never get it right. But he does. The jury would have been fixed any way. This is what a Marxist parasite run state looks like. And it can’t be tried in a different state. And the amount has to be paid before going to an appeal court. There’s no winning. The Supreme Court needs to step in.

      • Roger

        February 22, 2024 at 11:09 pm

        The Supreme Court needs to step in and remove both the judge and ms James and disbar them from ever step in a courtroom again.

      • EMMA

        February 23, 2024 at 1:18 pm

        I HOPED THE SUPREME COURT WOULD PUT A STOP ON THIS CORRUPT CHARADE. JUDGES, LETITIA JAMES ARE UNFIT TO CHARGE OUR PRESIDENT. BUT ALL THESE LIARS NEED TO BE IN PRISON FOR LIVE.

      • Janet

        March 10, 2024 at 3:35 am

        I agree that the Supreme Court needs to step in. When a defense is not allowed to present their whole case, something is very wrong. And since Mr. Trump has paid back all loans, why is he being charged at all? He isn’t the only multi millionaire in New York. Who is next?

    • Roger

      February 22, 2024 at 11:06 pm

      I agree. In my opinion she and the judge are crooked.

    • Charles Palgrove

      February 23, 2024 at 8:44 pm

      Totally agree! Shut her down!

  3. Diane

    February 22, 2024 at 6:43 pm

    There will be a special place in hell for the would-be tyrants! The rule of law is gone when it can be used against your political enemies in this fashion. They couldn’t get away with an assassination so they’re going after his well earned wealth. Unlike Michelle, this is the first time I’ve been ashamed of my country’s government.

  4. David

    February 22, 2024 at 6:46 pm

    She is an ignorant fool! And there should be personal and professional ramifications against her and the judge ! Both should be removed from their positions, fined severely and lose their law license! Maybe put in jail too!

    • Born Again

      February 22, 2024 at 7:21 pm

      Yes, she is an ignorant fool as all communist democrats are ignorant fools and they are cursed since they do not know God! A stake should be driven into their cold, black, evil hearts!

  5. Kev

    February 22, 2024 at 6:47 pm

    So Ucking angry you can see why revenge will be sweet

  6. Doris Lauter

    February 22, 2024 at 7:08 pm

    It shows their hate for Trump and using their office to punish him for something that most builders do. The bank ignores the amount that the business is worth so much, and they usually have their own check and come up with their own price. What if Trump pays and the appeal courts throw it out?I son’t think they will approve of such a steep penalty. It isoutrageous.

  7. Ernie

    February 22, 2024 at 7:08 pm

    Even the Democrats know this is all a political circus, she says that tourism is up and Wall Street is doing well, but let’s just wait and see what happens, when the food riot’s start, when no truckers will deliver any goods to NY, when companies are laying off workers, because they cannot get materials, for their production lines, even getting their products out to the rest of the USA, they seem to forget that NY relys on fresh food being delivered from all over the USA, it’s just the truckers now, but wsit untill the train drivers refuse to deliver to NY, both the truckers and railways are all members of union’s, it would take muck to put NY under seage, they are already struggling with the illegal immigrants, stealing and many other crimes, wait untill they cannot get any food, the riots are coming, you can place a bet on that, any excuse with do. Then both the mayor and the AG will have to hide in a very deep hole!

  8. Jeff Wooley

    February 22, 2024 at 7:31 pm

    Dems that are not corrupt need to wake up and stop this!!

  9. Mary Jehl

    February 22, 2024 at 7:40 pm

    One company already left NY. If they do this to Trump they need to do it to all of companies in New York. Nobody is above the law.. isn’t that what they said. New York will end up being a dump. All the tax dollars be gone when the big companies move out.

    • Master

      April 19, 2024 at 1:21 pm

      Nobody is above the law unless you are a commicrat socialist lover that can get away with murder and high treason and no law enforcement agency will do anything to them. All of this farce that the commicrats are calling “justice”, is nothing more than Russia style election interference and fraud. If there is an opponent to the current administration in Russia, then that person is out in jail to stop him from being elected. Sound familiar?

  10. Dan G Carter

    February 22, 2024 at 7:40 pm

    Even law professors have said no one was hurt, no bank lost money and the AG ran for office saying she would get Trump which Jonathan Turley and Alan Dershowitz said it was a political witch hunt. He will appeal and I hope the bunch that are pushing this should be put out of office and in jail. This is the democrat party at it’s worst and I can’t see how any freedom loving American can vote democratic!

  11. mountainman

    February 22, 2024 at 7:56 pm

    I guess she can’t read because all I read this morning is about businesses are scared and looking to relocate out of NY and not doing business with the state. Also everyone I have talked to is avoiding NY as a vacation because they fear for their life with the rampant crime and lack of prosecution of criminals.

  12. Christopher KELLY

    February 22, 2024 at 8:06 pm

    This needs to go to supreme court for over turning before due date for funds must be turned over. Put LJ in a Ozempic commercial.

  13. Greg St

    February 22, 2024 at 8:48 pm

    Talk about weaponization of the political offices in this country! But it goes both ways: I hope that when Trump wins, he puts that vulture into a poor house. I dislike numerous Trump’s policies, but I’ll vote for him hoping that he would be eager to drain the political swamp to save his skin.

  14. John Moltz

    February 22, 2024 at 9:03 pm

    Trump needs to sell all of his assets in New York, cease doing business in New York, lay off all employees in his businesses in New York and let the NY Governor and Attorney General figure out how to support the mass of illegals they welcomed into their “sanctuary”. He can relocate to Florida or Texas where he and his business would be welcome.

  15. John frings

    February 23, 2024 at 6:05 am

    I hope there ways to legally go after the judge and D A . They must not be able to get away with the way they have curupted the legal system.

  16. Colby Goodson

    February 23, 2024 at 8:06 am

    She knows he will win the appeal. So she will fleece him for everything she can. Now she can vacation with Fanni and her lover. Just devils. All of them

  17. tef

    February 23, 2024 at 1:35 pm

    She is a spiteful person who does not do her job. She is doing all this out of nothing but pure hatred for President Trump and should stand trial herself for false accusations.

  18. Pat Gafney

    February 23, 2024 at 5:37 pm

    This Letitia James and that judge Engeron are in my opinion the personification of what I would call corrupt and dishonest public officials and they should be disbarred. They are both scumbagsin my opinion.

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