Trump’s Assets on the Line as Attorney General Pursues Seizure: A Battle of Power and Politics

Trump may face asset seizure if he fails to pay million-dollar bail

The New York Attorney General, Letitia James, has initiated the process to confiscate a golf course and other properties owned by former US President Donald Trump in counties within the state. This action is aimed at reducing part of the sentence imposed on Trump by Judge Arthur Engoron in a fraud case involving the Trump Organization.

In order to appeal Engoron’s decision, Trump is required to pay a bond of $454 million, which is the same amount as the sentence imposed on him. The deadline for this payment is approaching, but Trump’s defense team claims he is unable to pay the amount at this time. They have requested an appeals court to allow Trump to appeal the sentence without posting bail.

Attorney General James, who is from the Democratic Party, argues that the seizure of assets is necessary to reduce Trump’s sentence, as he has refused to pay the temporary bail required for the appeal. Trump’s defense has criticized James’ actions as an abuse of power and politically motivated persecution.

Despite James’ insistence that Trump must pay the bail in full, the former president has expressed concerns about selling assets to cover the bond. He believes that if he were to win the appeal, he would lose access to the assets he had to sell to pay

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