Last week attorneys for Donald Trump admitted he was unable to secure the $454 million bond required to appeal his conviction on fraud charges [click here if you missed that].
New York Attorney General Leticia James may begin seizing Trump assets starting Monday, and insiders claim Trump's controversial strategy is to do nothing...
From The NY Post
As Donald Trump faces a Monday deadline to post a $454 million bond in the civil fraud case against him in New York, insiders said he may be weighing a little-discussed option: Doing nothing.
The ex-president reportedly has been struggling to raise the cash for the bond — either from banks or wealthy friends — with his lawyers claiming on Monday that it was a “practical impossibility.”
While some reports have raised speculation that Trump may “go nuclear” with a Chapter 11 filing to protect his prize real estate assets across Manhattan, experts said bankruptcy would create unwelcome complications as the 2024 election season comes to a head.
A third possibility, however, is to let the deadline pass, leaving it to New York Attorney General Letitia James to seize Trump’s bank accounts or buildings — including Trump Tower, from which he declared his 2016 presidential run, and which famously includes his personal penthouse.
It’s an option Trump appears to have considered – partly because he believes the chances are good that he could recover the assets on appeal, even if he is forced to take his case to the US Supreme Court, according to friends.
“Even if there is a taking, it doesn’t mean he can’t take it back later,” a source close to Trump told The Post.
A decision to do nothing poses risks of its own — among them that the New York AG’s Office has the right to sell off any properties it confiscates in order to recover the cash penalties it is owed.
11 comments:
I'm here for it. Start with the Dump Towers on 5th Ave. That's where he still has a gilded gold apartment. That would devastate Mr. Cheeto Lay.
I'm here for it. Start with the 5th Ave. apt that's gold gilded.
That will crush his little sole.
Take all his shizz!!!!!!
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
This hurts him MORE than jail. Us knowing he’s BROKE. Bankrupt 6 times!!!!! The banks kept saving him, but not this time. That’s why he keeps yelling stollen election even though he knows he lost. Without the Presidency he’s FINISHED and he knows it. His master Putin could care less about him, and 30 banks said NO, so they finally done bankrolling this loser, they know he’s BROKE BROKE. His own con artist daughter and her sleazy husband hussled 2 billion while he was in office and she won’t even save her lying con artist daddy. 🤣The Republicans let a whole draft doging con artist Cheeto take over their party. And the Democrats are lazy so they aren’t any better. We are on our own..and that’s ok because black people always are resilient. Take all the fat Cheetos assets, including his old tarnished gold toilet with the crack in it ! 🤣🤣🤣🤣🤣
Hear hear! Lol lol lol. But 11:56, Dems aren’t lazy, they just continue to follow Michelle’s motto, fly high, bc you know, it’s the right thing to do. Right is just not effective or safe anymore, and they haven’t accepted that…. and even if they did, they don’t know how to be just as dirty as these nasty evil Repubs.
Good for that big ole orange Sasquatch.
You know it's bad when the mafia don't want you.
@5:09 🫢 lol 😂
He’s going to do nothing and let the deadline pass. He has no other options. AG Letitia James will start selling properties as soon as she gets them BEFORE a decision on an appeal can be made. Trump’s lawyers may be able to stop her from having a fire sale (LOL), but she’s a very smart person and my money is on her.
The lawyers can NOT appeal without the money/bond being paid. So once she takes them she will have to cash them out before he can appeal. They will already be sold. Now the money from the sale can be put up but he’s so heavily levied in debt the bank wouldn’t sell them to him. Trump famous for not paying people back, The banks would grab their money with paperwork from the liens, he’s done for if He can’t scam his way back to the Presidency. ✅ Trump tower good as gone and if she petty so is Mar a fatso in Florida . 6 times bankrupt this 7th one is a beast. All that shid he was talking during the trial he quiet as a church mouse now 🐭 🐁
Post a Comment
Commenting Rules: Please watch your language. Disguise curse words if you must use them and do not threaten or attack other commenters.
Comments violating the rules will be deleted.