Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Gossip

NY Attorney General Takes Steps To Seize Donald Trump’s Assets

rmtsa by rmtsa
March 21, 2024
in Gossip
0
NY Attorney General Takes Steps To Seize Donald Trump’s Assets
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Chef J Visits Spice Suite and the First Black-Owned Strip Mall

About the Former Police Commmissioner Who Died – Hollywood Life

Taylor Swift Slammed Over Lyric Dubbed ‘Peak MySpace Trash’

Donald Trump may have to give up some of his prized possessions as the New York attorney general has filed judgments indicating the state is gearing up to seize his assets.

According to CNN, the documents filed in Westchester County show the state aims for the former president’s private Seven Springs estate and golf course.

RELATED: Whew! #TrumpIsBroke Hashtag Trends After Donald Trump’s Lawyers Reveal THIS

The judgments hit the clerk’s office on March 6 in Westchester County, and Trump’s baller billionaire image is quickly crumbling.

Further Steps The Attorney General Can Take

Additionally, the state can place liens on assets or take steps to foreclose on Trump’s properties. If the property is to be seized, additional actions will follow in court.

Furthermore, the judgment was entered in NYC, where the 77-year-old has many of his properties, including Trump Tower, 40 Wall Street, and several apartment buildings.

State attorneys are swiftly moving after Judge Arthur Engoron’s $464 million bond ruling for Trump’s civil fraud case. A bond he is struggling to pay. The judge’s decision included the Trump Organization and his sons, Eric and Donald Trump Jr.

Trump’s Attempt To Secure Bond

The former president’s bond is due at the month’s end.

Trump’s lawyers made attempts with 30 underwriters to back his mega million bond, but they all declined.

His attorneys stated, “The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude.”

Donnie is raising moola for his presidential campaign in addition to securing funds for legal bills.

He has four days to cough up the funds or convince an appeals court to give him a smaller amount to pay. Additionally, he could convince officials to defer the payment until after the appeal.

Trump Speaks About His Legal Trouble

Trump took to Truth Social on Thursday, stating that acquiring that kind of money for the bond is “VERY EXPENSIVE.” He added it was “not possible for bonding companies to do in such a high amount.”

The state seizing Trump’s assets will not be a fast or easy process.

The entrepreneur’s businesses are structured in a way that complicates proceedings for the state.

Nikos Passas, a professor of criminology stated, “They are complexly organized and he is not on paper the owner and therefore a judgment against him would not be executable directly against certain properties. Sorting this out is not going to be simple and it’s not going to be quick.”

The professor added, “All this is completely undermining the brand.”

The question is: at the end of all of this, will Trump remain a billionaire?

RELATED: Whew! Donald Trump Says It’s Going To Be “A Bloodbath For The Country” If THIS Doesn’t Happen (WATCH)



Source link

Tags: AssetsAttorneyDonaldGeneralSeizeStepsTakesTrumps
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Chef J Visits Spice Suite and the First Black-Owned Strip Mall

by rmtsa
May 30, 2025
0
Chef J Visits Spice Suite and the First Black-Owned Strip Mall

TV One’s Savor The City pulled up to the nation’s capital for an episode that’s less about the plate and more about the power behind it. This week,...

Read more

About the Former Police Commmissioner Who Died – Hollywood Life

by rmtsa
May 30, 2025
0
About the Former Police Commmissioner Who Died – Hollywood Life

Image Credit: Getty Images Bernard “Bernie” Kerik, the former police commissioner of New York City during 9/11, died on May 29, 2025. He was 69 years old and...

Read more

Taylor Swift Slammed Over Lyric Dubbed ‘Peak MySpace Trash’

by rmtsa
May 30, 2025
0
Taylor Swift Slammed Over Lyric Dubbed ‘Peak MySpace Trash’

It looks like Taylor Swift is going to have to keep shaking off the haters, because one of her "corniest" lyrics is being called into question!The popular lyricist,...

Read more

Offset Reportedly Requests Spousal Support From Cardi B

by rmtsa
May 30, 2025
0
Offset Reportedly Requests Spousal Support From Cardi B

As Cardi B and Offset’s divorce continues, a report has surfaced that the Migo’s requesting bucks from Belcalis in the form of spousal support. As you can imagine,...

Read more

About the Dr. Squatch Product – Hollywood Life

by rmtsa
May 29, 2025
0
About the Dr. Squatch Product – Hollywood Life

Image Credit: Getty Images for The Met Museum/ If you didn’t think Sydney Sweeney could get any more popular, guess what? She did, and it will be in...

Read more
Next Post
Tyler, The Creator Launches New Louis Vuitton Collection

Tyler, The Creator Launches New Louis Vuitton Collection

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • THE PHOENICIAN SCHEME Hilariously Quriky and One of Wes Anderson’s Best Movies — GeekTyrant
  • Diddy Trial Highlights From 13th Day of Witness Testimony
  • Melky Jean Honors Haitian Roots With Saint Sauveur 1972 Rum

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In