“Shark Tank” host and investor Kevin O’Leary said Friday that New York Attorney General Letitia James (D) is seeking to seize assets from former President Trump in connection with his recent civil fraud trial. he accused.
“Property rights are mentioned 37 times in the Constitution. Due process — so important. Why steal people’s assets in 27 days? Give them more time to come up with the cash. What about — let’s forget about Donald Trump — who would want this to happen to them?” O’Leary told host of “The Ingraham Angle” during Friday’s appearance. He told Laura Ingraham:
O’Leary said his outrage over the decision had less to do with the former president and more to do with the erosion of “the essence of the American brand.” Seeking to raise $3 billion to build data centers in the United States, the famous investor told Ingraham he planned to travel around the world next week.
“When I go to these countries to raise this money, my biggest question is, ‘What the hell is going on in New York?'”
“It was — and I told them, ‘This is not America, this is just an anomaly.’ I swear to you guys, this is not America,” O’Leary continued.
James’ office filed a judgment earlier this month in Westchester County, where Trump owns a golf resort and private property, according to public records, the first step toward foreclosure. President Trump has a deadline on Monday to pay his $454 million bail in a civil fraud case, and if he doesn’t, James could seize some of his assets. Says.
Trump on Friday claimed in a Truth Social post that he had nearly $500 million in cash, even though his lawyers had previously suggested he would not be able to secure bail in his civil fraud case. did.
“Through hard work, talent, and luck, I now have nearly $500 million in cash, a significant amount of which I intended to spend on my presidential campaign,” Trump wrote.
Mr. Trump’s lawyers said in a Monday filing that he spent “countless hours negotiating with some of the world’s largest insurance companies” and reached out to 30 companies to help with the bond, to no avail.
“The judgment exceeds $464 million, including interest, and very few bond companies would consider a bond amount approaching that amount,” Trump’s lawyers said in a filing.
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