New York Attorney General Moves To Seize Trump's Assets As Fraud Fine Deadline Nears
NDTV
A New York court imposed fine on Donald Trump and his sons saying said they lied for years about the value of the assets, deceiving banks and insurers.
New York's Attorney General Letitia James has taken initial steps to seize assets from former US President Donald Trump, days before the deadline for him to pay $454 million in a civil fraud case against him ends. The assets that the authorities can seize include Mr Trump's golf course and private estate north of Manhattan, known as Seven Springs, according to CNN. As per a court ruling, the former US President, his sons Donald Trump Jr. and Eric Trump, and the Trump Organization, are liable to pay $355 million, plus interest.
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The New York court said that they lied for years about the value of the assets, deceiving banks and insurers. But the former president, who has clinched the Republican nomination for this year's presidential election, is appealing his penalty.
