TeamDML offers insights, opinions, podcasts, videos and other forms of content intended to educate and better explain trending news that is made available to the public by third parties. In this particular case, we refer to an excerpt from NYPost.com:
New York Attorney General Letitia James may have her sights set on Donald Trump’s Westchester golf course and Seven Springs estate as he struggles to pony up a bond on the $464 million judgment last month for civil fraud.
Shortly after Judge Arthur Engoron handed down his Feb. 16 verdict against Trump in his civil fraud case, a decision ordering Trump to pony up $464 million, James’ team formally registered judgments the civil fraud lawsuit in Westchester County, indicating that his properties there may be in jeopardy, documents reveal.
James’ team made the filing on March 6 without providing a name of specific Trump assets or a reason for doing so. Trump’s properties there include Trump National Golf Club Westchester as well as the 212-acre Seven Springs estate.
James had set a deadline of Monday, March 25 for Trump to post the $454 million bond.
Trump’s legal team announced earlier this week that at least 30 companies had declined to issue a bond.
Trump posted the following statement on his Truth Social page Thursday morning:
Even though I did nothing wrong, a Radical Left New York Judge, a true Trump Hater, Arthur Engoron (Are we allowed to speak about his Unconstitutional Gag Order?), picked a number out of THIN AIR, $355,000,000, plus interest (reminiscent of John Lovitz, “The Liar,” on SNL when it was good), & wants me to bond it, which is not possible for bonding companies to do in such a high amount, before I can even Appeal. That is CRAZY!
If I sold assets, and then won the Appeal, the assets would be forever gone. Also, putting up money before an Appeal is VERY EXPENSIVE. When I win the Appeal, all of that money is gone, and I would have done nothing wrong. The Crooked Judge, who has already been overturned 4 times on this case (a record!), fully understands this. He gave us a demand which he knows is impossible to do.
This Witch Hunt, between a bad Judge and a Corrupt & Racist Attorney General, is horrible for New York. Businesses are FLEEING, while Violent Crime flourishes. ELECTION INTERFERENCE!
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