The MeidasTouch Podcast - NY Prosecutor READY TO SEIZE Trump’s Buildings if HE FAILS TO PAY

Episode Date: February 21, 2024

MeidasTouch host Ben Meiselas reports on New York Attorney General Letitia James’ plans to seize Donald Trump’s buildings in Manhattan if he doesn’t have the cash to post the necessary bond for ...an appeal which exceeds $400 million. Get a free thirty-day supply of SuperBeets Heart Chews and free full-sized bag of tumeric chews valued at $25 by going to http://meidasbeets.com Visit https://meidastouch.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 The Hot Honey McCrispy is so back at McDonald's. With juicy 100% Canadian-raised seasoned chicken, shredded lettuce, crispy jalapenos, and that completely craveable hot honey sauce, it's a sweet heat repeat you don't want to miss. Get your Hot Honey McCrispy today. Available for a limited time only at McDonald's. When does fast grocery delivery through Instacart matter most?
Starting point is 00:00:23 When your famous grainy mustard potato salad isn't so famous without the grainy mustard. When the barbecue's lit, but there's nothing to grill. When the in-laws decide that, actually, they will stay for dinner. Instacart has all your groceries covered this summer. So download the app and get delivery in as fast as 60 minutes. Plus enjoy $0 delivery fees on your first three orders. Service fees, exclusions, and terms apply. Instacart.
Starting point is 00:00:47 Groceries that over-deliver. Discover the magic of Bad MGM Casino where the excitement is always on deck. Pull up a seat and check out a wide variety of table games with a live dealer. From roulette to blackjack, watch as a dealer hosts your table game and live chat with them
Starting point is 00:01:04 throughout your experience to feel like you're actually at the casino. The excitement doesn't stop there. With over 3,000 games to choose from, including fan favorites like Cash Eruption, UFC Gold Blitz, and more. Make deposits instantly to jump in on the fun and make same-day withdrawals if you win. Download the BetMGM Ontario app today. You don't want to miss out. Visit BetMGM.com for terms and conditions. 19 plus to wager Ontario only. Please gamble responsibly. If you have questions or concerns about your gambling or someone close to you,
Starting point is 00:01:34 please contact Connex Ontario at 1-866-531-2600 to speak to an advisor free of charge. BetMGM operates pursuant to an operating agreement with iGaming Ontario. ABC News exclusive tonight after Donald Trump was fined nearly $355 million in his civil fraud case. Tonight, New York State's Attorney General Letitia James saying she's prepared to seize Donald Trump's assets, including his buildings, if he doesn't pay the money. ABC's Aaron Katursky, one-on-one tonight with the Attorney General. Four days after a judge ordered Donald Trump to pay $355 million for a decade of fraud, New York Attorney General Letitia James says she's prepared to do everything she can to make sure the former president pays his fine,
Starting point is 00:02:17 including, she told us, seizing the buildings that bear his name. If he does not have funds to pay off the judgment, then we will seek, you know, judgment enforcement mechanisms in court, and we will ask the judge to seize his assets. Trump was held liable for exaggerating his wealth and inflating the value of his real estate so banks would give him low-interest loans.
Starting point is 00:02:40 Trump insisted the banks liked doing business with him. They said no victim, no one got harmed, the banks like doing business with him. They said no victim, no one got harmed, the banks got paid back. So no harm, no foul. Why is that not the case in your view? So financial frauds are not victimless crimes. He engaged in this massive amount of fraud. And it wasn't just a simple mistake, a slight oversight. The variations were wildly exaggerated and the extent of the fraud was staggering. Trump said the penalty against him would drive other businesses out of New York. Will appeal will be successful, I think, because frankly, if we're not successful, New York
Starting point is 00:03:18 state is gone. But the state's attorney general told us she's not worried. And last I checked, tourism is up and Wall Street is doing just fine. Even with an impending appeal, Trump must either put all $355 million in escrow with the quarter post, a portion of it as a bond with interest. And David, tonight, the Attorney General is telling us she is determined to make Trump pay, even if it means seizing this building or others long in the Trump portfolio. New York Attorney General Letitia James says that she is prepared to seize Donald Trump's
Starting point is 00:03:52 buildings if he can't pay his $354 million civil fraud fine. In fact, the number actually is more like $463.9 million when you add the pre-judgment interest, which increases each and every day. ABC got the exclusive with New York Attorney General Letitia James. You saw there at the beginning of this video, she stated the following, if he does not have the funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court and we will ask the judge to seize his assets, James said in an interview with ABC News' Aaron Katersky. New York Attorney General Letitia James goes on to say, quote, we are prepared to make sure that the judgment is paid to New Yorkers. And yes, I look at 40 Wall Street each and every day,
Starting point is 00:04:47 James said of the standard court process for collecting judgments in civil cases. And Donald Trump gave this pathetic so-called town hall with Laura Ingraham from Fox on Tuesday evening, where he seemed to hedge about having the cash to be able to post a bond here. And recall, it's not only the $400 plus million in connection with the New York Attorney General civil fraud case.
Starting point is 00:05:16 You also have the E. Gene Carroll defamation verdict where a New York federal jury awarded $83.3 million to E. Jean Carroll. So in total, Donald Trump's going to have to post bonds in excess of $500 million. Here's what Donald Trump said when speaking to Laura Ingraham on Fox. Notice how he hedges here. Play this clip. Question, which I thought about a lot last night because it's such a huge amount of money. You have to decide whether you're going to put up that bond and escrow to appeal. Are you going to do that? I'll tell you what we're going to do. Number one, we'll have a lot of cash, but that doesn't mean he can take it.
Starting point is 00:05:56 I mean, you know what he did? I think he looked at my cash and he said, well, we'll take all of his cash. This is all coming out of the White House. This is all everything that you see White House. This is all everything that you see, whether it's that one or the D.A. in the D.A.'s office, in Bragg's office. He has his top people from the DOJ working in the district attorney's office in New York. Nobody knows that everything is coming out. This is all election interference. They're trying to damage me so they can win another election. They wanted also in the same interview with Laura Ingraham, Donald Trump compares himself
Starting point is 00:06:30 to Alexei Navalny. You ain't no Navalny, you're a Putin. Play this clip. The president, the crowd's going crazy here, but during this campaign, a huge amount of your time has been spent in court, in the courtroom in New York and so forth. Now in this New York civil fraud case, this judge Arthur Engeron ruled against you for almost half a billion dollars plus interest that runs every day. When I first read it's like eighty seven thousand dollars a day. How would you put up that kind of
Starting point is 00:07:00 money? Because you have a bond to put up. Even if you appeal, you've got to put up escrow money. That's a lot of- It is a form of Navalny. It is a form of communism or fascism. The guy's a nut job. I've known this for a long time and I've said it openly. And by the way, one of the biggest tells that Donald Trump does not actually have the cash to post this bond or he's struggling to do it is not only Trump's statement right there, but it's also these interviews that Donald Trump's so-called lawyer, Alina Haba, is giving. Heart health and staying healthy, especially when you have family, friends, or loved ones that you want to be able to spend as much time with as possible. It's so important. February is heart health month in the United States and more than half the population would still benefit from blood pressure support. Super Beats Heart Chews are the number one doctor, pharmacist, and cardiologist recommended way to support healthy blood pressure and they even
Starting point is 00:07:59 promote heart healthy energy without the stimulants. Paired with a healthy lifestyle, the antioxidants in Super Beats are clinically shown to be nearly two times more effective at promoting normal blood pressure than a healthy lifestyle alone. And with over 40,000 five-star reviews and counting, people are raving about Super Beats Heart Chews. Super Beats Heart Chews are absolutely delicious and are truly much better than any alternative supplements out there. I take my Super Beats heart chews each morning and it's really helped kickstart my day. After taking my Super Beats heart chews, I feel like I have more energy and I'm ready to take on the day. Super Beats is the number one doctor, pharmacist, and cardiologist recommended heart chew for cardiovascular health support. It's blood
Starting point is 00:08:45 pressure support you can trust. Support your heart health with Super Beats Heart Chews. Get a free month's supply of Super Beats Heart Chews on all bundles and a free full-size bag of turmeric chews valued at $25 with your order by going to MidasBeats.com. We've got our own domain name, folks. It's M-E-I-D-A-S-B-E-E-T-S.com. Get this exclusive offer now only at MidasBeats.com. Like here where Alina Haba talks about Donald Trump having all this cash. Of course, he's got the money. Of course, he's ready to post it.
Starting point is 00:09:24 I think that is a tell when she says, of course course he's got the money. Of course he's ready to post it. I think that is a tell when she says, of course, it's usually the opposite. Here, play this clip of Alina Hamo. My goodness. So Judge Engeron says that he wants this $350 million within 30 days. Now, I know that you're planning on appealing this, but you've still got to put up the full amount pending that appeal. Does Donald Trump have that kind of money sitting around? Yes. I mean, he does.
Starting point is 00:09:51 Of course he has money. You know, he's a billionaire. We know that. Going back to New York Attorney General Letitia James, here's what she also said about the big verdict against Donald Trump in the New York attorney general civil fraud case about holding him accountable for lying and cheating. Play the clip. Because the scale and the scope of Donald Trump's fraud is staggering. And so too is his ego and his belief that the rules do not apply to him.
Starting point is 00:10:26 Today, we are holding Donald Trump accountable. We are holding him accountable for lying, cheating, and a lack of contrition. And for flouting the rules that all of us must play by. Because there cannot be different rules for different people in this country, and former presidents are no exception. This decision is a massive victory for every American who believes in that simple but fundamental pillar of our democracy, that the rule of law applies to all of us equally, fairly, and justly. Thank you. Here, New York Attorney General Letitia James speaks about the amount of money at issue here. Play this clip. Donald Trump and the other defendants were ordered to pay $463.9 million.
Starting point is 00:11:26 That represents $363.9 million in disgorgement, plus $100 million in interest, which will continue to increase every single day until it is paid. Donald Trump, the former chief financial officer of the Trump organization, Allen Weisselberg, and the former controller of the Trump organization, Jeffrey McConaughey, banned for life from serving in a financial management role in any New York company. Donald Trump Jr. and Eric Trump are banned from serving as an from any New York bank or financial institution for three years. A new independent director of compliance will be created at the Trump Organization to ensure the company establishes internal protocols and meets financial reporting obligations. And the current independent external monitor will continue to oversee the company's financial dealings and ensure this fraud cannot continue. And here New York Attorney General Letitia James reinforces that white collar financial crimes are not victimless. Play the clip. Companies, financial dealings and ensure this fraud cannot continue. I want to be clear. White collar financial fraud is not a victimless crime. When the powerful break the law and take more than their fair share,
Starting point is 00:13:22 there are fewer resources available for working people, small businesses and families. And everyday Americans cannot lie to a bank about how much money they have in order to get a mortgage to buy a home. Going back to Donald Trump's atrocious lawyer, or I shouldn't say atrocious, make sure she represents you in all of your cases, Donald. She's great. Keep Alina Habba representing you. Here's what Alina Habba had to say about what she believes the grounds are for the appeal. Play this clip. What are your grounds on appeal here? What aren't my grounds on appeal is a better question. Where do you begin? I mean, we could start with all the things
Starting point is 00:14:05 we talked about, Rob, over the past six months on these cases and this case in particular. Contrast to that, New York Attorney General Letitia James says that she is very confident, she tells NBC, with the strength of her case on appeal. And James reiterated that her office would not hesitate to seize assets. You know, that order by Justice Arthur and Gore on 92 pages, I encourage you to read it because it is detailed. It goes over all of the documents at issue. It goes over all of the witness testimony and lines up witness testimony, whether it's consistent or inconsistent with
Starting point is 00:14:46 the documents at issue. And that's the most important thing that we do here at the Midas Touch Network. We get into the nitty gritty. We get into the evidence together. It's not about just attacking this or attacking. It's not what we do here. We go through the evidence. We listen to what people say.
Starting point is 00:15:03 We'll see if Donald Trump's able to post the combined total of somewhere near that half a billion dollars that he needs to post for a bond. We'll keep you posted every step of the way. I'm Ben Micellis. This is the Midas Touch Network. Let's get to 3 million subscribers together. Hit subscribe now. Love this video?
Starting point is 00:15:21 Make sure you stay up to date on the latest breaking news and all things Midas by signing up to the Midas Touch newsletter at MidasTouch.com slash newsletter.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.