New York Attorney Letitia James could freeze Trump's bank accounts if he doesn't meet the March 25 deadline.
Former President Donald Trump could lose his banks and properties if he's unable to pay the $454 million judgment in his civil fraud case or obtain a bond while he appeals the order.Trump has until Monday to find either the cash or an underwriter to back a bond before New York Attorney General Letitia James begins collecting on the judgment. If Trump doesn't take any action and James begins to seize his assets, they could include not just his real estate but also his bank accounts.
'And James' authority to freeze Trump's accounts extends outside of the state, according to Mitchell Epner, a longtime New York litigator focused on commercial and white-collar issues.'If there are bank accounts in New York, those can be frozen essentially immediately if she already knows where they are, and the turnover of the funds in a bank account would be measured in days or weeks,' Epner told USA Today.
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