If Trump doesn’t increase almost half a billion {dollars} by Monday, New York Lawyer Basic Letitia James can begin the method of seizing his financial institution accounts and properties.
Right here is how CNN’s Erin Burnett Outfront mentioned what may occur subsequent:
BURNETT: All proper. So, Ryan, shortly, it will get Stephanie in right here, what occurs then if he can’t, he loses in courtroom. It may possibly’t promote a constructing by subsequent Monday, which he can’t.
Then what?
GOODMAN: Then, Letitia James seizes his property, places liens on all of his belongings, financial institution accounts. And as Erik stated, that doesn’t — it’s not restricted to New York. So she most likely at this level understands the place he has totally different belongings, in Florida, at Mar-a-Lago and elsewhere.
BURNETT: And what does that imply, he can’t go in them or folks can’t go. What does that imply?
GOODMAN: Does imply that he wouldn’t be capable of be fought out in some half within the courts. However for that time period, its actually turns into unusable. And the way does he get any extra enterprise going when these are below foreclose are being seized by the courts.
BURNETT: So, Stephanie, what does this really imply to him? I imply, within the context of he’s now publicly admitting that 30 insurance coverage corporations refused backing this bond.
STEPHANIE GRISHAM, FORMER TRUMP WHITE HOUSE PRESS SECRETARY: Yeah. The truth that that is now being lined by the media, that is going to be very, very exhausting on his ego and never simply Donald Trump, however all the household. That is going to — that is going to harm them. Its going to harm their egos and I’m positive quickly, it’ll be tonight, perhaps tomorrow, we’re going to listen to concerning the left-wing Democrats going after him, et cetera, et cetera, et cetera.
, listening to you guys discuss his properties, although, I believe if it had been to occur, 40 Wall Road might be the one which he would — I imply, he would hate it. However I believe if she tried to grab Mar-a-Lago or Bedminster or Trump Tower even — I imply, these are his infants. You’ve obtained the Sterling golf course in Virginia.
Video:
Trump’s nightmare situation may start Monday: “Letitia James seizes his property, places liens on all of his belongings, financial institution accounts.” (Video: CNN) pic.twitter.com/GLar8gVU7M
— Mike Sington (@MikeSington) March 19, 2024
Except Trump can give you roughly $500 million by Monday, regardless that he has been turned down by 30 bonding corporations, the state of New York goes to start the method of seizing his belongings, and that would embody his golf programs and Florida properties like Mar-a-Lago.
A lot of the properties that Trump claims to personal, he solely owns items of.
Lawyer Basic James is effectively versed in Trump’s belongings and the AG’s workplace doubtless has a listing of belongings that they’ll goal in courtroom if Trump doesn’t pay up.
The looming New York deadline is probably going one of many causes that Trump filed a distraction lawsuit in opposition to George Stephanopoulos and ABC Information.