New York AG Threatens to Seize Trump’s Buildings

( – New York Attorney General Letitia James has threatened to seize Donald Trump’s New York properties if he does not pay the $355 million fine a judge handed down in a recent fraud case. In addition to the fine, which will accrue interest, the former President and his sons, Donald Jr. and Eric, are barred from conducting business in their home state for the next three years. Mr. Trump said he will appeal, but New York law states that he can only do that after he pays the fine.

James, who campaigned on a promise to target him when she ran for office in 2018, filed charges against Donald Trump, accusing him of falsely valuing his assets to attract loans and investments. Now she says she will take his buildings if he can’t afford to pay.

“We are prepared to make sure that the judgment is paid to New Yorkers, and yes, I look at 40 Wall Street each and every day,” she told reporters.

40 Wall Street is the address of the Trump Building, a 72-story skyscraper in Manhattan with more than a million square feet of office space.

Legal experts say the court’s findings and punishment are unprecedented in American law, and many agree with Donald Trump that the case was politically motivated. Attorney Jonathan Turley noted there is no example in US history where such a law was used to punish a person who had committed no crime.

High-profile lawyer Alan Dershowitz went further and said Letitia James should face the American Bar for potential professional misconduct. Dershowitz, a law professor at Harvard, said James campaigned on a promise to bring down Donald Trump before she had any evidence of wrongdoing. He added that she is not neutral or objective, and there is no reason for her to have filed the charges against the former President.

Mr. Dershowitz argued that if big banks were upset with Donald Trump, they could have sued him themselves.

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