Letitia James Has Already Hinted At First Trump Asset She'd Seize if $454M Bond Isn't Posted

Attorney General James spoke about which Manhattan high rise she would seize back in February

New York Attorney General Letitia James has already hinted at plans of what she'd seize first if Donald Trump is unsuccessful in securing a massive $454 million appeal bond by the end of the month.

The former president was recently ordered to pay the whopping nine-figure sum in a New York business fraud case against him, or his assets would be seized.

He's denied any wrongdoing.

About 30 underwriters have declined to provide the bond, Trump's legal team said, calling the feat "a practical impossibility," according to New York Magazine.

In a court filing Monday, his lawyers said despite "diligent efforts" to get the money, they've faced "insurmountable difficulties" to secure the amount, according to The New York Times.

Last month, James alluded to what she'd take first if he fails to obtain the colossal bond.

"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 told reporters in February, referring to the Trump Building less than two blocks away from her office in New York's financial district, according to ABC News.

Trump's lawyers said companies they've approached so far have refused to accept real estate as collateral.

Instead, they want "cash or cash equivalents (such as marketable securities)," they said, New York Magazine reported.

Tags
Donald Trump, Fraud, New York, New York City, Letitia James, Bond
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