China News Service, February 21. According to the American Broadcasting Corporation (ABC), four days after a New York state judge ruled on former President Trump’s civil fraud lawsuit, New York State Attorney General Lexia James said on the 20th local time that if Trump... Trump is unable to find the cash to pay the sky-high $355 million in damages, and she is ready to seize his assets.
"If he does not have the funds to repay the fine of the judgment, then we will seek a judgment enforcement mechanism in court, and we will ask the judge to seize his assets." Lexia Zhan said in an interview.
Data map: Trump Tower.
Lexia James said she was "very confident" the case would win on appeal and reiterated that her office would not hesitate to seize one of Trump's Wall Street buildings if he was unable to pay court-ordered forfeitures. Trump Tower at No. 40.
Lexia James directly disputed Trump's contention that there were no victims in the case and said her prosecution of the case was critical to ensuring that financial markets treat New Yorkers fairly.
Data map: Former US President Trump.
"Financial fraud is not a victimless crime. He was involved in such a large-scale fraud. This was not just a simple mistake, a slight oversight, the (asset) difference was grossly exaggerated, and the extent of the fraud was shocking." Lexia James "If ordinary New Yorkers go into a bank and submit false documents, the government will punish them, and the same goes for the former president," he said.
James also refuted Trump's assertion that the case would prompt a mass exodus of businesses from New York. "As far as I know, tourism is growing. There's nothing happening on Wall Street," she said.
On February 16, local time, New York State Supreme Court Judge Ngorong ruled that Trump exaggerated his net worth to obtain more favorable loan terms and fined him US$355 million, plus a judgment of approximately US$100 million. interest before.
Trump denies all accusations of wrongdoing and says he will appeal.