NY Prosecutor READY TO SEIZE Trump’s Buildings if HE FAILS TO PAY
The MeidasTouch Podcast
MeidasTouch Network
4.9 • 56.4K Ratings
🗓️ 21 February 2024
⏱️ 14 minutes
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| 0:00.0 | ABC News exclusive tonight after Donald Trump was fined nearly $355 million in his civil fraud case. |
| 0:06.2 | Tonight, New York State's Attorney General Letitia James saying she's prepared to seize Donald Trump's assets, |
| 0:11.8 | including his buildings, if he doesn't pay the money. |
| 0:14.0 | ABC's Aaron Kutorski, one-on-one tonight with the Attorney General. |
| 0:18.0 | Four days after a judge ordered Donald Trump to pay $355 million for a decade of fraud. |
| 0:25.0 | New York Attorney General Latisha James says she's prepared to do everything she can to make sure the former |
| 0:30.8 | president pays his fine, she told us seizing the buildings |
| 0:35.0 | that bear his name. If he does not have funds to pay off the judgment then we will |
| 0:40.8 | seek you know judgment enforcement mechanisms in court and we will ask the |
| 0:46.4 | judge to seize his assets. |
| 0:48.8 | Trump was held liable for exaggerating his wealth and inflating the value of his real estate, so banks would give |
| 0:54.3 | him low interest loans. |
| 0:55.9 | Trump insisted the banks like doing business with him. |
| 0:58.9 | They said no victim, no one got harmed, the banks got paid back. So no harm no foul. Why is that not the case in your view? |
| 1:08.2 | So financial frauds are not victimless crimes. He engaged in this massive amount of fraud and it wasn't just a simple mistake, |
| 1:16.8 | a slight oversight. The variations were wildly exaggerated and the extent of the fraud was |
| 1:22.4 | staggering. |
| 1:23.4 | Trump said the penalty against him would drive other businesses out of New York. |
| 1:28.0 | Will appeal, will be successful, I think, because frankly, if we're not not successful New York State is gone. |
| 1:34.4 | But the state's attorney general told us she's not worried. |
| 1:37.2 | And last I checked, tourism is up and Wall Street is doing just fine. |
| 1:43.2 | Even with an impending appeal, Trump must either put all $355 million in escrow with the |
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