Trump Must Pay Up in NY Fraud Case or His Properties Might Be Seized
Justice Matters with Glenn Kirschner
Crossover Media Group
4.9 • 2.9K Ratings
🗓️ 1 March 2024
⏱️ 14 minutes
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Summary
Donald Trump is now in the " F around and find out" stage of his long life of fraud. He must put up more than $450 million in either cash or a bond if he wants to stop New York Attorney General Leticia James from beginning to satisfy the money judgment against him by seizing his property. Insultingly, Trump told the court he will only put up a bond in the amount of $100 million because he doesn't want to have to sell his properties to put up the rest of the money he owes. The New York courts are very likely to tell Donald "Sorry - that's not the way it works."
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Transcript
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| 0:00.0 | It's time for Justice Matters with former federal prosecutor and MS NBC analyst Glenn Kirchner. Donald Trump is asking a New York court if he can put up a portion of the |
| 0:19.6 | 450 million dollars he owes after being found guilty of business fraud. Here's Glenn with that story. |
| 0:26.0 | So friends, at long last, Donald Trump has been forced to admit in a court filing that he's not nearly as rich as he has always said he is. |
| 0:40.8 | Let's talk about that, but if you'll indulge me 30 seconds of housekeeping, as you may know, |
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| 1:16.3 | who have come over to patreon.com and are supporting our work here at justice matters. |
| 1:22.4 | Now let's dig into a really juicy story. |
| 1:26.5 | At long last, Donald Trump has had to admit in a court filing he is not all that, and he's certainly not all that liquid. |
| 1:36.0 | Why? Well, because it's put up or shut up time for Donald Trump. |
| 1:40.6 | He lost a massive civil fraud judgment in the case in New York |
| 1:45.4 | presided over by Judge N. Goron, he was ordered to pay upwards of $455 million and if he wants to appeal that ruling he needs to |
| 1:56.4 | either deposit money into the court into an escrow count to make sure there's a |
| 2:01.5 | pot of money for that judgment to be collected at the end of the day |
... |
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