NY Poised to Seize Trump Westchester Assets If Fraud Fine Is Unpaid
NY Poised to Seize Trump Westchester Assets If Fraud Fine Is Unpaid
- State registered $454 million judgment in Westchester County
- Area is home to a Trump golf course and Seven Springs estate
Gift this article
Have a confidential tip for our reporters? Get in TouchBefore it’s here, it’s on the Bloomberg Terminal LEARN MORE
By Erik Larson
March 21, 2024 at 6:16 AM MST
Save
New York state’s $454 million judgment against Donald Trump in a civil fraud lawsuit was formally registered in Westchester County just outside Manhattan, a sign that his properties in the area may be at risk of being seized if the former president fails to post an appeal bond.
New York Attorney General Letitia James registered the judgment on March 6, according to the Westchester County Clerk’s online database. The filing didn’t give a reason for the registration or identify any Trump assets, but it will allow James to more easily secure liens, should she decide to do so, on two of the real estate mogul’s most valuable properties: Trump National Golf Club Westchester and the mostly undeveloped 212-acre Seven Springs estate.
More From Bloomberg
Short Sellers Up Their Wagers Against Commercial Real Estate AgainBaltimore Wants to Sell Hundreds of Vacant Homes for $1 EachJustice Department to Sue Apple for Antitrust Violations as Soon as Thursday
Elon Musk’s Don Lemon Implosion
Top Reads
Selling Shohei Ohtani: Can Baseball’s Biggest Talent Transform the Sport?by Lucas ShawGE Bet on Being the Biggest, Then It Had to Break Up to Keep Upby Brooke Sutherland and Ryan BeeneWhere to Invest $100,000 Right Nowby Suzanne WoolleyA Bellwether Pennsylvania Factory Town Is Wary of Bidenomicsby Akayla Gardner
HomeBTV+Market DataOpinionAudioOriginalsMagazineEvents
News
MarketsEconomicsTechnologyPoliticsGreenCryptoAI
Work & Life
WealthPursuitsBusinessweekCityLabEqualityPursuitsWork Shift
Market Data
StocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic Calendar
Explore
NewslettersExplainersThe Big TakeGraphicsSubmit a TipAbout Us
Terms of ServiceDo Not Sell or Share My Personal Information
Help©2024 Bloomberg L.P. All Rights Reserved.