Former United States President Donald Trump owns several prestigious golf courses throughout the country, but New York Attorney General Letitia James is already taking initial steps toward seizing one of those properties if Trump isn’t able to pay the $464 million he owes from his civil fraud trial.
Last month, Donald Trump was hit with a $464 million judgment after he was found to have fraudulently inflated the value of his assets and properties in order to receive more favorable loan and insurance terms. Trump has been unsuccessful in finding a bond to cover the $464 million judgement while he appeals.
Unless Trump finds a bond or is able to come up with the money himself, which seems unlikely, his assets could be seized. And according to ABC News, James has already taken the first steps toward seizing one of his golf courses.
“State officials have entered the judgment from Trump’s civil fraud trial in Manhattan with the county clerk’s office in Westchester, which would allow James to move to take possession of Trump National Golf Course in Briarcliff Manor and Seven Springs, a private estate in Bedford, if Trump fails to secure a bond,” ABC News reported on Thursday.
We’ll have to see whether or not Trump can come up with the money to avoid the seizure of his golf course.
