New York Legal professional Basic Letitia James mentioned on Monday that she is ready to grab former President Donald Trump’s belongings if he’s unable to pay the huge judgment handed down in his civil fraud case.
“If he doesn’t have funds to repay the judgment, then we are going to search, you realize, judgment enforcement mechanisms in court docket, and we are going to ask the choose to grab his belongings,” James informed ABC Information.
Final week, Trump was barred from working his enterprise in New York for 3 years and was discovered chargeable for greater than $350 million in damages within the civil fraud case introduced in opposition to him, his household, and the Trump Group by James.
“We’re ready to be sure that the judgment is paid to New Yorkers,” James mentioned of her dedication to making sure Trump pays the effective. “And sure, I have a look at 40 Wall Avenue each day (the placement of The Trump Constructing).
TRUMP FRAUD RULING REVEALS NEW YORK’S ‘ASSAULT’ ON REAL ESTATE, ‘MR WONDERFUL’ SAYS: MOVE YOUR BUSINESS OUT
New York Legal professional Basic mentioned she is “ready” to ask the choose to grab former President Donald Trump’s belongings if he can not pay the $354 million judgement handed down in his civil fraud case. (ABC Information/Screenshot/Brendan McDermid-Pool/Getty Photographs)
New York Decide Arthur Engoron handed down his ruling Friday after a months-long trial starting in October and stemming from James’ lawsuit alleging the previous president inflated his belongings and dedicated fraud.
Engoron dominated that Trump and the opposite defendants had been chargeable for “persistent and repeated fraud,” “falsifying enterprise data,” “issuing false monetary statements,” “conspiracy to falsify false monetary statements,” “insurance coverage fraud,” and “conspiracy to commit insurance coverage fraud.”
Trump legal professional Christopher Kise slammed the choice, saying the court docket “ignored the regulation, ignored the information, and easily signed off on the Legal professional Basic’s manifestly unjust political campaign in opposition to the front-running candidate for President of america.”
TRUMP’S PENALTY CASE COULD CAUSE BIZ EXODUS FROM ‘LEGAL BANANA REPUBLIC’ NEW YORK
New York Legal professional Basic Letitia James speaks throughout a information convention, Sept. 21, 2022, in New York. (AP Photograph/Brittainy Newman, File)
“In the present day, justice has been served. In the present day, we proved that nobody is above the regulation. Regardless of how wealthy, highly effective or politically linked you might be,” James mentioned at a press convention on Friday after the ruling.
“The size and the scope of Donald Trump’s fraud is staggering and so too is his ego,” she added. “And his perception that the foundations don’t apply to him. In the present day, we’re holding Donald Trump accountable.”
The ruling comes weeks after Trump was ordered to pay over $83 million in a defamation case introduced by author E. Jean Carroll, who accused Trump of sexual assault.
Fox Information’ Brooke Singman, Anders Hagstrom and Maria Paronich contributed to this report.
