New York prepared to go after Trump's assets if he doesn't pay $355 million fine

By Jen Krausz on
 February 21, 2024

New York Attorney General Letitia James (D) said that the court is prepared to seize former President Donald Trump's assets if he doesn't pay the $355 million fine levied by a Manhattan jury last week.

“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,” she told ABC News.

The fine amount is actually more like $455 million including interest, and it represents the bulk of cash the Trump Organization has on hand.

Trump will be appealing the verdict, but that hasn't stopped James from salivating over the process of seizing his real estat, including buildings such as 40 Wall Street.

“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 said hatefully.

Both sides are confident they will be successful on appeal, and the sheer size of the verdict could encourage the Supreme Court to step in as well.