Former President Trump’s lawyer Alina Haba dismissed New York Attorney General Letitia James’ (D) threat to seize the former president’s assets if he fails to pay the fine imposed in his civil business fraud trial. .
james told ABC News She said Tuesday that she is prepared to seize President Trump’s assets if he does not pay the nearly $355 million judgment imposed on him in a civil business fraud trial last week. In her interview, she cited President Trump’s property at 40 Wall Street as one of the assets that could be taken away.
In response to questions Wednesday, Haba dismissed the threat, saying James’ lawsuit and her threat would not be “successful.” on fox news “A Story with Martha McCollum” about James’ comments about President Trump’s 40 Wall Street building.
“President Trump is one of the smartest businessmen and one of the greatest presidents we’ve ever seen. If she thinks she’s going to take him down. If that was her goal. , that’s something we all know very well, and she got a strong assist on the court there,” she said. “But let me tell you this: that goal will not succeed, and that’s the message I can convey to everyone listening here. It will not succeed.”
President Trump’s finances are likely to be hit by the nearly $355 million verdict, which could reach more than $450 million, including interest. The fine is on top of the $83.3 million that a New York City jury found Trump must pay in 2019 for defaming author E. Jean Carroll.
These two fines represent at least $438.1 million in legal penalties, excluding interest, for business fraud cases.
“If we don’t have the funds to pay off the judgment, we will ask the court for a mechanism to enforce the judgment and we will ask the judge to seize our assets,” James told ABC News.
Mr. Trump’s lawyers on Wednesday requested a 30-day extension to pay the business fraud penalty, arguing that Mr. James would “unseemly hasten” the execution of the sentence “especially given the gravity of the sentence.”
President Trump has vowed to appeal the ruling.
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