Letitia James may start ‘seizing Trump’s properties’ as he sits in criminal trial: expert
As Donald Trump sits in criminal court facing 34 felony charges for purported financial records violations stemming from an attempt to bury a story about an alleged affair with an adult film actress, he may also face a separate prosecutor seizing his real estate holdings, according to a legal expert.
Former federal prosecutor Glenn Kirschner published a "Justice Matters" video on Saturday in which he covers a recent filing by New York A.G. Letitia James, who sued Trump in a civil case for business fraud based on his chronic exaggeration of assets to get better loan terms. Specifically, the ex-prosecutor noted how James recently urged state Judge Arthur Engoron to reject the $175 million bond that Trump has posted in his civil fraud case, citing trustworthiness and competency concerns with the institution that agreed to bond him.
For Kirschner, this tells us a good amount about what might happen in the future as these cases move forward.
ALSO READ: Revealed: What government officials privately shared about Trump not disclosing finances
Kirschner first covers the three reasons James gives for doubting the validity of the bond, including that the company purportedly doesn't have the financial backing to provide such a large bond, and then goes on to explain what will happen if the judge agrees with her and Trump does nothing to cure the problem.
"At this rate, it looks like there is a fair chance that while Donald Trump is in that New York courtroom being prosecuted for 34 felony crimes, Attorney General Tish James might be up the street seizing Trump's properties," he said. "And I'm OK with that."
