Kevin O'Leary said it is 'a little scary' that the New York AG plans to seize President Trump's assets if he doesn't pay the $354 million fine in the civil fraud ruling.
Investment guru Kevin O'Leary was sharply critical Monday on "Mornings with Maria" over the potential seizure of former President Trump's assets should he fail to pay the nine-figure fine in his civil fraud case, calling it akin to a situation in places like Venezuela. The 2024 Republican frontrunner is currently on the hook for just over $354 million, with post-judgment interest accruing at nearly $112,000 per day.
" New York Judge Arthur Engoron ruled that Trump and the defendants were liable for "persistent and repeated fraud," "falsifying business records," "issuing false financial statements," "conspiracy to falsify false financial statements," "insurance fraud," and "conspiracy to commit insurance fraud." Trump's legal team has appealed the ruling.
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