New York Attorney General Letitia James issued a stern warning to former President Donald Trump, declaring that he must pay the substantial $354 million fine imposed on him in the civil fraud case or face asset seizure. According to a report by breitbart.com on Wednesday, February 21, 2024, James left no room for ambiguity, emphasizing her commitment to enforcing the judgment.
“If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets,” James declared with unwavering determination.
The legal battle stems from Manhattan Supreme Court Judge Arthur Engoron’s ruling, which found Trump guilty of inflating his net worth to secure more favorable loan terms. The monumental fine, coupled with pre-judgment interest, serves as a significant consequence for fraudulent financial practices.
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Despite Trump’s plans to appeal the ruling and claims that the banks were fully repaid, James remains resolute in her pursuit of justice. She refuted Trump’s assertions of victimless fraud, emphasizing the far-reaching consequences of such crimes.
James labeled Trump’s deceit as “massive” and stressed the importance of accountability, asserting that justice must be served regardless of one’s stature or influence.
As the legal battle intensifies, James has set her sights on Trump’s assets, including his iconic building on 40 Wall Street. She affirmed, “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.”
In response to Trump’s warnings about the case impacting New York’s business environment, James remained undeterred. She pointed to the resilience of the state’s tourism industry and financial sector.
James highlighted her collaborative efforts with columnist E. Jean Carroll and Fulton County District Attorney Fani Willis, emphasizing the collective commitment to holding Trump accountable.
With her unwavering determination and commitment to justice, Letitia James has emerged as a formidable force in the legal arena. As the legal proceedings continue, the outcome remains uncertain, but James’s resolute message is clear: no one is above the law, and accountability must prevail.
