Letitia James is hitting Trump where it really, really hurts — and it's not at the bank.
in Washington in May. That sale raked in enough money to pay $170 million to Deutsche Bank that would have been due in 2024, Forbes reported. Trump net an estimated $135 million on that deal, according to Forbes, while the three children named in James’ suit — Donald Trump Jr., Eric Trump and Ivanka Trump — got about $13 million each, according to Alexander.Axos Financial
. Trump Tower in Manhattan had a $100 million mortgage that would have been due this month, a major headache even with the recent influx. Axos managed to refinance that loan, as well as provide $125 million to cover a Deutsche Bank loan on his Doral golf course in Florida that would have come due next year, Forbes reported.
Imagine the psychic damage Trump would take from being torn away from the family business he’s spent decades building All told, Forbes estimated that Trump is now sitting on roughly $375 million in cash on hand, more than enough to cover the $250 million in penalties that James is seeking. But money isn’t the only thing James is seeking in recompense. Herbuying any property in New York for the next five years;
applying for loans from any New York-based or -registered financial institution for the same amount of time; orJames’ preferred punishment would also block Trump and his children named as co-defendants from ever “serving as an officer or director in any New York corporation or similar business entity registered and/or licensed in New York State.”➡️Ban the Trumps from running NY businesses for good.➡️We're making a criminal referral to the U.S. Dept of Justice.
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