Donald Trump is hurtling towards a critical deadline in his
most costly legal battle to date.
He faces the severe risk that New York's Attorney general
will begin trying to collect a $454 million civil business
fraud judgment against him today.
Will an appeals court give the former U.S.
President last minute reprieve? Well,
last. One judge, Arthur Engeron,
found that the defendants had fraudulently inflated the stated value
of Trump's assets.
The aim was to seemingly increase his permitted net worth.
And obtain more favorable loan items in fact terms for
Trump Organization properties.
Now Donald Trump Junior and Eric Trump have run at
their father's company since he was elected president in 2016.
Earlier this month, New York State Attorney General Leticia Jane
made an official notification of the Civil Fraud Court award
against Trump in Westchester County.
Westchester, just north of New York City,
is home to Trump organizations 7 Springs Estate as well
as the Trump National Golf Course.
Westchester James Register, the judgments in Westchester against Trump the
Trump Organization and.
Two of his adult children on March 6th.
The registrations do not necessarily mean that seizures of the
Westchester properties are imminent,
but they are procedural step that would be necessary should
James seek to seize them in the future.
Now, Trump's lawyers have in fact previously said in court
filings that 30 surety companies that would have guaranteed the
bond have turned him down.
Now, bonds are typically backed up with a mix of
cash and assets equal to 110%
of the total judgement and a returned if the defendant
prevails on appeal.
The former president recently claimed to have almost 1/2 billion
dollars in cash,
but said he'd rather spend it on his presidential run
than on the judgment against him.
Now, by current indications, America is heading towards a closed
presidential election in November.
The two major candidates are well defined.
Most voters have made-up their minds,
and little has changed over recent months in the balance
between Biden and Trump.
Now, Biden and his inner circle have reportedly been drawing
up meticulous plans and creating a large legal network focused
on war gaming.
A close election finish. For all the latest news,
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