New York AG Letitia James may be gearing up to seize Donald Trump‘s Westchester golf club and Seven Springs estate as the deadline looms for the ex-president to secure the $454 million bond a judge imposed after his fraud trial.
The attorney general formally registered judgements in Westchester County where Trump has the two properties just north of Manhattan on March 6.
According to the county clerk’s online database, the judgements were registered against Trump, the Trump Organization and his two adult sons Don Jr. and Eric. The action was first reported by Bloomberg News.
It comes as Trump is facing a Monday deadline to secure the judge-ordered $454 million in the civil fraud case.
The move signals the attorney general may be eyeing the property if Trump is unable to post bond. The filing did not give a reason for the registration or specifically identify any Trump assets.
DailyMail.com reached out to the attorney general’s office for comment.
New York Attorney General signals she could be preparing to seize Trump properties in Westchester County including Trump National Golf Club with judgement filing in the county north of Manhattan
Trump’s 212-acre Seven Springs estate in Bedford, NY is also located in Westchester County
Trump has until Monday, March 25 to secure the $454 million bond. He has said the judge gave a ‘demand which he knows is impossible’
Westchester County is the home of the Trump National Golf Club as well as Trump’s the more than 212-acre Seven Springs estate.
Trump’s lawyers have said he would be unable to post the $454 million bond. They said they approached 30 companies and none were willing to take pieces of his real estate empire as collateral.
James has said she is prepared to start seizing Trump assets if he misses the March 25 deadline to post judgement for the bond even as the ex-president appeals.
Trump’s legal team has requested an appeals court to waive the bond, or let him post a smaller one for $100 million as he appeals, which James opposes.
The Trump Organization’s financials are now being monitored as part of Judge Arthur Engoron’s order in the fraud case.
Barbara Jones, who had been overseeing the company as part of a preliminary injunction will be monitoring the company for the next three years, effective Thursday.
She must be notified of any large cash transfers, restructuring of debt, dissolution of assets as well as any effort to secure bonds.
Trump has repeatedly gone after Engoron who made the ruling in the case, writing in a social media post on Thursday that the judge ‘gave us a demand which he knows is impossible to do.’
It was the latest in a series of posts Trump has fired off attacking the judge. On Tuesday he wrote that the bond would force him to sell even while appealing Engoron’s ruling.
‘I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone,’ he wrote in a post on Tuesday.
The verdict was reached in Manhattan, so there was no need to register the judgement in New York County where Trump also has his 40 Wall Street property and the famous Trump Tower on Fifth Avenue.
New York AG Letitia James has already threatened to seize assets if Trump didn’t post bond and specifically mentioned 40 Wall Street by name in a February interview
The former president’s lawyers wrote in a court filing that ‘obtaining an appeal bond in the full amount’ of the judgment ‘is not possible under the circumstances presented. Trump is pictured during the fraud trial in January
James told ABC News last month her office was prepared to seize assets if Trump was unable to cover the fraud fine.
She specifically mentioned 40 Wall Street in the interview by name.
But the Seven Springs estate also weighed heavily in the trail where Trump was found to have inflated the values of multiple properties.
He purchased the estate in 1995 for $7.5 million. However he valued the property at more than five times the appraised value years later, claiming it was valued by as much as $291 million.
