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The MeidasTouch Podcast

NY Prosecutor READY TO SEIZE Trump’s Buildings if HE FAILS TO PAY

The MeidasTouch Podcast

MeidasTouch Network

Politics, News

4.956.4K Ratings

🗓️ 21 February 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

MeidasTouch host Ben Meiselas reports on New York Attorney General Letitia James’ plans to seize Donald Trump’s buildings in Manhattan if he doesn’t have the cash to post the necessary bond for an appeal which exceeds $400 million. Get a free thirty-day supply of SuperBeets Heart Chews and free full-sized bag of tumeric chews valued at $25 by going to http://meidasbeets.com Visit https://meidastouch.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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