by Ben Whedon
Former President Donald Trump’s legal team has sought a 30-day extension to pay the $355 million in penalties that New York Judge Arthur Engoron imposed in New York Democratic Attorney General Letitia James’s civil fraud case against him.
Engoron, earlier this month, imposed the fine and a three-year ban on Trump serving as an officer or director of any New York-based firm. James had alleged that Trump manipulated the value of his assets to secure favorable loan terms. Ahead of the trial, Engoron determined in summary judgement that Trump could be held liable for fraud and the case proceeded on other counts.
Trump’s team on Wednesday asserted in a filing obtained by The Hill that “[g]iven that the court-appointed monitor continues to be in place, there is no prejudice to the Attorney General in briefly staying enforcement to allow for an orderly post-Judgment process, particularly given the magnitude of Judgment.”
While Trump is expected to appeal Engoron’s decision, James has suggested she may move to seize his real estate in the city to pay the penalties should he not have the cash to cover it. Apart from the $355 million, Engoron also required the payment of roughly $100 million in pre-judgement interest.
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Ben Whedon is an editor and reporter for Just the News. Follow him on X, formerly Twitter.
