New York Attorney General Letitia James could swoop in and seize former President Donald Trump's properties as soon as Monday, a CNN analyst reported Wednesday.
"They are ready to move forward to try to seize some of his assets, and possibly properties," CNN reporter Kara Scannell said.
Monday is the deadline set in Trump's fraud trial for him to secure a bond for the $464 million payout ordered by New York civil court judge Arthur Engoron earlier this year.
Trump, who denies wrongdoing and plans to appeal, first tried to negotiate the payment down to $100 million then, on Monday, filed notice that he'd been unable to secure a bond for the whole amount.
James swiftly filed a response urging the appeals court to ignore his pleas for a stay on the payment, noting he has other options for finding the money.
"He could post his own property to the court," Scannell summarized. "He could turn over real estate to the court to satisfy this judgment. "
This isn't the first time James has hinted that she will take ownership of Trump's buildings.
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James referenced a Trump property in downtown Manhattan when she said in a statement last month, "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."
The looming deadline, and this potential dire solution, has seen panic mount among Trump's campaign, sources tell CNN. Specifically, because Trump consider some of his properties "his babies."
Stephanie Grisham, Trump's one-time White House communications director, told CNN Monday that there are several such "babies" he does not want to lose.
"I think if it were to happen, 40 Wall Street is probably the one that he would, I mean, he would hate it,' Grisham said. "But I think if she tried to seize Mar-a-Lago or Bedminster or Trump Tower even, I mean, those are his babies."
