NEW YORK CITY – As Donald Trump’s legal team prepares to appeal the $355 million civil fraud ruling against him, there are questions over what exactly is at stake.
Trump attorney Alina Habba insists the former president is prepared to post the full amount in the case, plus $100 million in interest, which must be put in an escrow account within 30 days.
Trump is vowing to fight to take back control of his New York businesses, but the ruling could put his in-state properties — including two golf resorts, a $248 million tower on Wall Street and his penthouse at Trump Tower – at risk.
Fox News says the judge overseeing the case could take those assets from Trump and sell them for pennies on the dollar, a possibility that is striking fear into other business owners, investors, and developers in the Big Apple who worry they might be next.
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