NY AG Poised to Seize Trump's Assets Amid Legal Showdown
March 24, 2024New York Attorney General Letitia James is poised to have the authority to seize Donald Trump's assets over a $464m fine in a fraud case.
Trump faces multiple legal challenges in New York, including a court appearance for the Stormy Daniels case and a separate civil fraud case requiring a nearly $500m bond.
Trump's lawyers assert that newly turned over documents could clear him, while prosecutors dismiss most as irrelevant, accusing Trump of using outrage as a stalling tactic.
The hush money case trial is delayed until mid-April, with Trump pleading not guilty to 34 felony charges in Manhattan.
Trump risks asset seizure by the state if he cannot produce over $454 million in fines.
Despite legal issues, Trump remains politically influential, outperforming Biden in polls and advancing his media company's public offering.
Summary based on 11 sources
Get a daily email with more US News stories
Sources
The New York Times • Mar 24, 2024
In Fund-Raising Blitz, Trump Warns Democrats: Hands Off Trump TowerThe Guardian • Mar 24, 2024
Seizing Trump’s New York properties will not be easy for Letitia JamesBloomberg • Mar 24, 2024
Donald Trump Faces $454 Million Bond Deadline or New York Can Seize AssetsYahoo News • Mar 24, 2024
Seizing Trump’s New York properties will not be easy for Letitia James