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Trump Wants a Break on $464 Million Judgment. The AG Says Trump Is Sneaking Assets to Florida.

Trump Wants a Break on $464 Million Judgment. The AG Says Trump Is Sneaking Assets to Florida.
SLEIGHT OF HAND

Donald Trump was ordered to pay $464 million for bank fraud, but he only wants to front $100 million. Now the AG says investigators have caught him moving his business assets.

But when the AG raised objections in court documents to the proposal to put up a reduced amount of collateral, Letitia James drew attention to another matter entirely: Trump appears to be trying to move assets out of her reach.

Dennis Fan, a senior assistant solicitor general at the AG’s office, alerted appellate judges at the state’s First Judicial Department that Trump has sneakily relocated business entities from New York to Florida.

“As the court recognized earlier in this case, there is unfortunately a distinct need to ‘ensure that defendants do not dissipate their assets or transfer them out of this jurisdiction,’”

https://www.thedailybeast.com/trump-wants-a-break-on-dollar464-million-judgment-the-ag-says-trump-is-sneaking-assets-to-florida?ref=home