Letitia James Ready To Seize Trump's Assets In Civil Fraud Case In February, Judge Arthur Engoron ordered Trump to pay a whopping $454 million bond to cover his civil fraud case, but on Monday, former President Donald Trump's attorneys said he is unable to post it in his appeal. New York State Attorney General Letitia James upped her rhetoric in response to Trump's legal filing, telling ABC News in an interview that she may try to seize his assets. "If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets," James told ABC News on Wednesday. Following the news that Trump might not be able to find the cash, Fox News legal analyst Jonathan Turley slammed the ruling and James' case against the former president. “Trump does not have much runway left. He is at that point where he is committed, he can’t really stop the plane but he needs it to take off, because at the end of that runway, if he doesn’t get that bond, he could be viewed in default and he can be viewed as losing his right to appeal,” Turley told Fox's Martha MacCallum. “That would be the worst possible prospect not just for Trump, but for the New York legal system.” “I think what the court did here was outrageous,” Turley said. “It came out with this figure, none of us can really figure how he could justify that. He could have said a billion or two billion because it would have the same level of relevance in connection to the evidence, but it would also have the same impact. You can’t just go to a person and say produce half a billion dollars if you want any other judge to look at what I did.” Turley also said the cases brought against Trump prove him "right" about the weaponization of the government. “It’s becoming increasingly difficult to deny that we have a legal system now that is being heavily distorted by politics and you cannot look at all of these cases and see blind justice, you see the opposite,” Turley told Fox Business host Larry Kudlow, a former Trump administration official. “You see a justice that is being weaponized, and in many ways the Democrats fulfill the narrative of President Trump. He is now right. No matter what they thought about it at the beginning, they proved him to be right with this pile-on from Florida to Georgia, to Washington, D.C., to New York and most of the public gets it.” Perhaps Trump's dangerous predicament is best described by "Shark Tank" investor Kevin O'Leary, who issued a stark warning on CNN and Fox News Tuesday. "This may be great for the attorney general, but this is not good for America," O'Leary said during a heated debate on CNN. On Fox News' "Outnumbered," O'Leary slammed the case against Trump as an "attack on America," saying it was terrible for the "American brand." "You think about America. The reason this is the number one economy on Earth is that we have laws and, we have due process, and we have property rights. It attracts foreign capital from around the world," O'Leary said. "All of that is being shaken to the core here. The concept of seizing assets on a 30-day bond number has never been issued. No insurance company has ever issued anything near this, so there's no chance it was gonna happen. And only giving 30 days' notice in time, that's a really bad message, and I think New Yorkers should think well past Trump, whether he's president or not or either this attorney general is gone [in] four or not, it's irrelevant." "This is case setting against the American brand. The most stable country on Earth anywhere to put capital for a long period of time, particularly in real estate, is the United States of America," he added. "This is an assault on what we believe to be core, and I find it extraordinary. I think it's very troubling. It has absolutely nothing to do with Donald Trump at this point, in my view, and it is completely bipartisan. This is an attack on America, and I don't know how you can look at it any other way." |
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