Letitia James ready to seize Trump buildings if he can't pay $355M fine: report
New York Attorney General Letitia James is ready to seize former President Donald Trump's iconic New York City buildings if he can't come up with the cash to pay his $355 million civil fraud fine, a new report shows.
"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.
"We are prepared to make sure that the judgment is paid to New Yorkers, and yes, I look at 40 Wall Street each and every day," she said.
Trump was hit with a $354.8 million fine and about $100 million in pre-judgment interest on Friday after Manhattan Supreme Court Justice Arthur Engoron ruled that the 45th president, his two grown sons Eric and Don Jr. as well as the Trump Organization's former CFO Allen Weisselberg committed widespread fraud for years to secure sweet deals and loans.
"This is a venial sin, not a mortal sin,” Engoron wrote in an unflinching 92-page opinion. “They did not rob a bank at gunpoint. Donald Trump is not Bernard Madoff. Yet, defendants are incapable of admitting the error of their ways.”