will justice seize Donald Trump’s property?

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United States: will justice seize Donald Trump’s property?

United States: will justice seize Donald Trump’s property?

(France 2)

Donald Trump must pay $464 million in bail to the New York courts this Monday, March 25. The former president has not yet raised the sum, despite his requests to around thirty companies.

Will Donald Trump be bankrupt from 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 does not pay by Monday, the prosecutor, Letitia James, assures that she “will take the necessary steps in court to seize its assets”. The former president’s properties are in the sights of justice. Among them, the Trump Tower, estimated at 100 million dollars, a building on Wall Street estimated at 205 million, or its golf course estimated at 30 million.

Little solution for Donald Trump

The prosecutor could also choose to freeze her accounts and seize her cash, such as her helicopters. Donald Trump denounces a plot to prevent him from running for president. “They want to take all my money so I don’t use it in my campaign”did he declare. For the moment, the former president has not found enough to pay, despite his requests to around thirty companies. The IPO of his social network should bring him around $3 billion, but he will not have the right to sell his shares for at least ten months. “He’s probably going to have to file for bankruptcy.”analyzes William Cohan, finance specialist at Puck.


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