Trump Faces $454 Million Deadline in Civil Judgment Case
Former US President Donald Trump is required to pay $454 million by the upcoming Monday deadline in a civil judgment case against him for allegedly inflating his net worth and property values.
Trump Seeks Donations for Legal Fees
Trump has reached out to his supporters for donations to cover his substantial legal fees, as the New York attorney general has initiated steps to potentially seize his assets in Westchester County.
Legal Battle Escalates
If Trump fails to meet the deadline, Attorney General Letitia James may proceed with seizing his assets, including the iconic Trump Tower in New York.
Trump has vowed to fight back against what he perceives as attempts to hinder his campaign and influence the upcoming elections.
Actions by Letitia James
The New York attorney general’s office has taken preliminary steps to potentially seize a Trump-owned golf course and estate in Westchester County, as well as assets in New York City.
Challenges in Seizing Trump’s Assets
Seizing assets from Trump’s businesses is complex due to his extensive use of limited liability companies to manage his properties and assets.
Trump’s legal team is contesting proposals from the attorney general’s office regarding bond payment arrangements, arguing against the necessity of providing half a billion dollars in cash or stock.
They maintain that the attorney general lacks the authority to challenge their claims.
