New York prosecutors may seize Trump's golf course and estate as early as March 25

Letitia James, New York's attorney general, could initiate action to seize Trump's assets as early as March 25. This is the deadline set to pay a fine in the $464 million fraud case, reports CNN.

While Tramp waiting for results appeal, he will have to pay this fine. Otherwise, the 45th president could be charged with contempt of court and face additional fines. If his appeal is successful, the fine paid will be returned.

In total, Judge Arthur Engoron imposed a ban on February 16 Trump and co-defendants, including his sons Eric and Donald Trump Jr., a fine of $363,9 million - about $464 million with legal fees.

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The New York Attorney General's Office issued judgments in Westchester County. This was the first sign that the state was preparing to seize Donald's Seven Springs golf course and private estate. Trump north of Manhattan.

The decision was made in New York City, where Trump's properties are located, including Trump Tower, his penthouse at Trump Tower, 40 Wall Street, his hotel adjacent to Central Park, and numerous residential buildings.

Trump now has four days to comply with the court's decision or convince an appeals court to allow him to transfer a smaller amount or delay payment until the end of the appeal. Trump's lawyers have rejected several proposals from the New York attorney general's office about how he might pay the fine.

Officials suggested Trump use multiple underwriters to underwrite the bonds for the total amount of the judgment. But that would still require Trump to pay $500 in cash or stock. He doesn't have that kind of money.

If no agreement is reached, Letitia James said she would take steps to seize assets. Trump's lawyers said forcing the sale of the property would cause irreparable harm because they would be unable to later reclaim the property if they win an appeal.

Finance monitoring

Judge Arthur Engoron expanded powers to monitor the Trump Organization. Retired judge Barbara Jones, an observer, was given full access to Trump's day-to-day financial dealings. In two months, she will provide a report on the Trump Organization's finances, as well as recommendations on internal controls for the Trump Organization.

The Trump Organization, the judge ruled, must inform the monitor in advance of any efforts to secure a surety bond, including any financial information requested.