Grisham lists properties that would ‘devastate’ Trump if seized

[

Former White House press secretary Stephanie Grisham proposed a list of properties former President Trump would be most disappointed to have seized if he cannot pay the damages in his civil fraud case.

“I think if it were to happen, 40 Wall Street is probably the one that he would…I mean, he would hate it,” Grishman told CNN’s Erin Burnett Monday. “But I think if she tried to seize Mar-a-Lago or Bedminster or Trump Tower even, I mean those are his babies.”

“You’ve got the Sterling golf course in Virginia. Any of the properties with golf courses, I think, would absolutely devastate him,” Grisham, who worked under the Trump administration, added. “It will be interesting to see what she [James] goes for,” said Grisham, who worked in the White House under Trump.”

In court filings Monday, Trump’s legal team indicated it will be “impossible” for them to secure the $454 million bond due in his New York fraud case. His attorneys said they spent “countless hours” negotiating with “one of the largest insurance companies in the world,” and approached 30 companies to back the bond.

The former president was ordered last month to pay nearly $355 million — plus interest – after including he conspired to lie about his net worth to secure tax and insurance benefits. The judgement climbs about $112,000 in interest each day he does not pay, and it now amounts to over $454 million.

The verdict also prohibits Trump from working in New York real estate for three years. Judge Arthur Engoron already ruled that Trump — along with his business and adult sons — committed fraud before the case went to trial.

New York Attorney General Letitia James (D), who brought the suit against the former president and business partners, suggested last month she is prepared to seize the former president’s assets if he does not pay the verdict.

“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 at the time.

James listed 40 Wall Street tower as one of the properties that could be seized.

Some have suggested Trump could try to elicit foreign money to help pay his bills. Michael Cohen — the former president’s ex-personal attorney, who has now become one of his most vocal critics — and Rep. Sean Casten D-(III.) argued the prospect of this is a risk to U.S. national security.

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Read original article here

Denial of responsibility! Genx Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a Comment