South Florida’s 1st News With Andrew Colton

South Florida’s 1st News With Andrew Colton

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If Trump Can't Make Bond, Could He Lose Palm Beach Estate, Mar-a-Lago?

Mar-A-Lago Trump's House Palm Beach Florida

Photo: bpperry / iStock / Getty Images

Could Donald Trump lose his Florida estate because he can't pay the huge New York judgment against him by Monday?

New York Attorney General Letitia James says she will go after Trump's prized properties if he fails to meet the deadline to post the $454 million bond.

The AG would most likely seize Trump's New York assets, but she could seize assets in other states like his Palm Beach gem, Mar-a-Lago.

Legal experts say it's possible, but she’d have to make an application with the court where the property is located which could take a long time.

Monday, Trump accused James of fraud by allegedly convincing a judge to undervalue his Mar-a-Lago estate in Florida.

"The only FRAUD in the Peekaboo James case, our failed and disgusting New York State Attorney General, was her convincing 'Judge' Arthur Engoron to put a value on Mar-a-Lago, in Palm Beach, Florida, of just $18,000,000, when it is worth 50 to 100 times that amount," wrote the presumptive GOP presidential nominee wrote on his Truth Social platform.

Trump’s lawyers say negotiations with 30 firms to secure the whopping bond have fallen through as the companies wouldn’t except his properties as collateral.


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