The deadline for President Trump to secure a bond large enough to pay the fine issued by activist Judge Arthur Engoron is coming fast.
Attorney General Letitia James previously stated that if Trump cannot pay the fees by Monday, she will begin taking action to seize his assets.
Newsday recently reported on the upcoming deadline:
Judge Arthur Engoron ruled in the state’s favor on many of the main points even before the trial began last year. In February, after a 2½-month trial, Engoron ordered Trump to pay $355 million plus interest, saying, “The frauds found here leap off the page and shock the conscience.”
Trump denies any attempt to deceive banks or anyone else about his wealth. He has said the judge’s decision and the lawsuit itself were politically motivated attempts to keep him from reclaiming the White House in the 2024 presidential election.
He has also argued that it is unfair to make him sell off assets or spend huge amounts buying a bond when the case is still being appealed.
“I DID NOTHING WRONG,” Trump said on his social media platform Tuesday. “The Corrupt Political Hacks in New York, Judge and AG, are asking me to put up massive amounts of money before I am allowed to appeal the ridiculous decision. Never done before. No jury, no victim, full disclaimer clause, happy banks. ELECTION INTERFERENCE! WITCH HUNT!”
This move by the state is essentially telling the world that investment money is no longer safe in New York.
Co-star of NBC’s “Shark Tank” Kevin O’Leary has been sounding the alarm that this is a disastrous move for Gotham.
Kevin O’Leary is SPOT ON when asked about Leticia James seizing Trump’s assets.
“This is the United States of America under siege.”
🔥🔥🔥 pic.twitter.com/Ihp0ABXHzR
— Ryan Fournier (@RyanAFournier) March 19, 2024
It’s been obvious from the beginning this was an unconstitutional, political witch-hunt meant to disrupt Trump’s 2024 campaign.
Amazing that Leticia James doesn’t want to accept $100 Million Dollars for the Trump Bond. Think about it, the people involved or who the case was involved with actually Testified in Trumps defense. No one was hurt or damaged and admitted everyone does it. This makes it… pic.twitter.com/mo2HhUN75Q
— Johnny Midnight ⚡️ (@its_The_Dr) March 19, 2024
Do people realize that Leticia James refuses to accept 100 MILLION dollar bond so Trump can appeal a fraud verdict where the person he supposedly defrauded testified in Trump’s defense?
This is no different then a communist dictator. Hell the communist dictators are calling… pic.twitter.com/ZGcD4HYIoV
— Portland Moderate. (@pdxmoderate) March 19, 2024
Leticia James is NOTHING but a criminal, masquerading as some kind of law enforcement. She’s evil to her core. https://t.co/bCVnuhsLAM
— Sheryl #rescue #loveofcountry #2A (@sav01) March 19, 2024
The New York Post previously reported on this American tragedy:
New York Attorney General Letitia James will be free to start going after Donald Trump’s prized properties should the former president fail to make the deadline to post the $454 million bond in his civil fraud case.
Trump, 77, on Monday filed papers in an appeals court case seeking to get out of having to post the bond as he fights the massive judgment from February — which accrues $112,000 in interest daily.
The presumptive Republican 2024 presidential nominee had approached over 30 firms to secure the bond — to no avail — and he’s facing “insurmountable difficulties” getting the financial backing, his attorneys wrote in the filings.
ADVERTISEMENTManhattan Supreme Court Justice Arthur Engoron ordered the hefty judgment against the real estate mogul in February after a three-month trial in which the AG’s Office argued that Trump exaggerated his net worth by billions a year on financial statements to get better loan and insurance terms.
Trump has said he plans to fight Engoron’s decision, but he must either put the full judgment amount in escrow or secure a bond to show he’s good for the money if he loses his appeal.
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