Letitia James Threatens to Seize Trump’s Assets If He Fails to Pay $355 Million Fine

New York’s Democrat Attorney General Letitia James has threatened to seize President Donald Trump’s assets if fails to pay the politically motivated $355 million fine issued by radical Judge Arthur Engoron.

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

Last week, Trump was barred from operating his business in New York for three years in the civil “fraud” case brought against him, his family, and the Trump Organization by James.

He was also found liable for more than $350 million in “damages.”

James has now decalred her commitment to ensuring Trump pays the fine.

“We are prepared to make sure that the judgment is paid to New Yorkers,” James said.

“And yes, I look at 40 Wall Street each and every day (the location of The Trump Building).

New York Judge Arthur Engoron handed down his ruling Friday after a months-long trial beginning in October and stemming from James’ lawsuit alleging the former president inflated his assets and committed fraud.

Engoron ruled that Trump and the other defendants were liable for “persistent and repeated fraud,” “falsifying business records,” “issuing false financial statements,” “conspiracy to falsify false financial statements,” “insurance fraud,” and “conspiracy to commit insurance fraud.”

Trump attorney Christopher Kise slammed the decision.

Kise said the court “ignored the law, ignored the facts, and simply signed off on the Attorney General’s manifestly unjust political crusade against the front-running candidate for President of the United States.”

“Today, justice has been served,” James said at a press conference on Friday after the ruling.

“Today, we proved that no one is above the law.

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“No matter how rich, powerful, or politically connected you are.”

“The scale and the scope of Donald Trump’s fraud is staggering and so too is his ego,” she added.

“And his belief that the rules do not apply to him.

“Today, we are holding Donald Trump accountable.”

The ruling comes weeks after Trump was ordered to pay over $83 million in a defamation case brought by writer E. Jean Carroll.

Carroll’s previous case, where she falsely accused Trump of sexual assault, was thrown out of court.

When Trump said he had never met Carroll and called her “crazy,” he was sued for “defamation.”

READ MORE – Trump Not Interested in Seeking Payback on Political Enemies: ‘My Revenge Will Be Success’

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By Frank Bergman

Frank Bergman is a political/economic journalist living on the east coast. Aside from news reporting, Bergman also conducts interviews with researchers and material experts and investigates influential individuals and organizations in the sociopolitical world.

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