April 16, 2024

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Will the Justice Department Seize Donald Trump's Assets?

Will the Justice Department Seize Donald Trump's Assets?

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US: Will Justice Department Seize Donald Trump's Assets?

US: Will Justice Department Seize Donald Trump's Assets?

(France 2)

Donald Trump must pay $464 million in bail to New York courts this Monday, March 25. Despite requests from around thirty companies, the former president has yet to raise the amount.

Will Donald Trump be bankrupt as of Monday, March 25? The former president owes the state of New York nearly $500 million for making false claims about his assets. If the businessman doesn't pay by Monday, lawyer Letitia James promises “Necessary steps will be taken in court to confiscate its assets.”. The former president's assets are in the eyes of justice. Among them, Trump Tower is valued at 100 million dollars, a building on Wall Street is valued at 205 million or its golf course is valued at 30 million.

A small solution for Donald Trump

Prosecutors may choose to freeze her accounts and seize money such as her helicopters. Donald Trump has condemned a conspiracy to prevent him from running for president. “They want to take all my money so I don't use it in my campaign”He declared.

At this time, the former president did not have enough to pay, despite requests from about thirty companies. His social network's IPO should bring him about $3 billion, but he won't have the right to sell his shares for at least ten months. “He should probably file for bankruptcy.”Buckhill financial expert William Cohen analyzes.

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