Trump Faces Potential Loss of Properties, Including Trump Tower, Over Civil Fraud Judgment

Benzinga 2024-03-21

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Trump faces losing properties like Trump Tower if he can't satisfy the $464 million civil fraud judgment by next week. New York Attorney General Letitia James could freeze Trump's bank accounts, collect rent from his building tenants, subpoena financial records, and request auctioning properties within months. James could seek enforcement mechanisms like seizing assets if Trump doesn't pay, but unraveling ownership structures could slow the process. James could try to force auctioning of Trump's New York property shares, like Trump Tower, through a receiver or sheriff.

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