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Scrambling to keep his fortune from being stripped away, Trump may have gone too far

Alex Wagner looks at some of the desperation moves Donald Trump is taking to address the massive civil judgements against him, as well as some of the complicating factors that are making those penalties especially painful. Jose Pagliery, political investigations reporter for The Daily Beast, talks with Alex Wagner about his reporting on what may be an instance of Trump trying to move some assets out of the reach of New York Attorney General Letitia James.  » Subscribe to MSNBC: https://www.youtube.com/msnbc Follow MSNBC Show Blogs MaddowBlog: https://www.msnbc.com/maddowblog ReidOut Blog: https://www.msnbc.com/reidoutblog MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, The Beat with Ari Melber, Deadline: White House, The ReidOut, All In, Last Word, 11th Hour, and Alex Wagner who brings her breadth of reporting experience to MSNBC primetime. Watch “Alex Wagner Tonight” Tuesday through Friday at 9pm Eastern. Connect with MSNBC Online Visit msnbc.com: https://www.msnbc.com/ Subscribe to the MSNBC Daily Newsletter: https://link.msnbc.com/join/5ck/msnbc-daily-signup Find MSNBC on Facebook: https://www.facebook.com/msnbc/ Follow MSNBC on Twitter: https://twitter.com/MSNBC Follow MSNBC on Instagram: https://www.instagram.com/msnbc #MSNBC #Trump #LetitiaJames

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3 days ago

there were a lot of warning signs plenty of reasons why getting into business with Donald Trump was never going to end well for them but if there was one moment where they should have walked away with their dignity intact and kept their distance from Donald Trump forever it was probably this one Andy you're just being pounded on you're being out debated I just don't want somebody running one of my companies that's going to get beaten up so badly you're [Music] fired and I just have to do this I
have no choice Wes you're fired also Andy latinsky and Wes Moss contestants on season two of The Apprentice both were fired by Trump in dramatic boardroom scenes full of melodramatic music and a whole lot of reaction shots but Andy Linsky latinsky and West Moss did not learn their lesson years later after Trump became a twice impeached former president who tried to steal an election Andy latinsky and Wes Moss decided to go into business with him and boy do they seem to regret it these two former
Apprentice contestants helped Trump build his right-wing Twitter knockoff social media company truth social but now they are suing Trump claiming he's essentially trying to cheat them out of their share of that company I mean who could have seen that coming that lawsuit isn't your typical where are they now reality TV story the lawsuit from those two former Apprentice stars is now getting in the way of Trump's latest attempt to escape accountability right now Trump is on the hook for more than
half a billion dollars from his civil fraud and defamation lawsuits at the same time Trump is in the middle of a big deal to try and effectively sell that Twitter knockoff for billions of dollars the company that Andy latinsky and West Moss helped Trump create a lot of people think Trump could try and use the proceeds from that sale to pay his legal bills that way he could avoid having to sell off his precious real estate holdings and get truth socials investors to cover the cost of his misdeeds
but now the Washington Post reports that the lawsuit from those two former Apprentice stars is throwing a wrench in the deal it's delaying Trump's access to those funds which could be a real problem for Donald Trump who who sure seems these days like he does not have the money to pay the millions and millions in penalties that he owes last week Trump tried to get the courts to delay his $83 million payment in the EEG Carol law suit today Carol's attorney responded to that request for delay sayi
ng he simply asks the court to trust me and offers the court filing equivalent of a paper napkin signed by the least Trust trustworthy of borrowers Trump is also trying to delay paying his New York civil fraud payment this week Trump and his lawyers asked the judge to allow him to pay only 100 million of the 450 million he owes in that case yesterday the judge denied that request in a two-line statement he told Trump's attorneys you have failed to explain much less justify any basis for delaying
the payment and seen in the course of that back and forth yesterday though we learned about another possible attempt by Trump to avoid paying the piper and it is a real doozy in a legal filing yesterday New York attorney general Leticia James accused Trump of quietly trying to move his assets to Florida to avoid having them seized by the state of New York quoting from the New York attorney general's office after the court issued its February 16th order defendants announced for the first time th
at various Trump organization entities operating in New York are allegedly now located in Florida two of the companies that were part of that lawsuit djt Holdings LLC and djt holdings managing member LLC have already been relocated to Florida now as of the Year 2023 both of those companies were still located in New York so did Trump move those companies to Florida after the attorney general brought a lawsuit against Trump and those companies that would be one creative way to get out of paying an
y penalties in the case and it sounds like the court was concerned that Trump would do something exactly like that which is why at the very beginning of this case the judge here barred Trump from moving his assets out of the state now Donald Trump is doing everything in his power to avoid accountability in his civil and criminal trials and yes in some case it is working yesterday of course he managed to get the conservative majority on the Supreme Court to delay his case in the DC election inter
ference trial well into the future his Georgia election interference cases have been successively stalled as well we don't know what's happening in Mar Lago but the civil cases against Trump the ones from the New York attorney general and from writer egene Carroll those have been the only cases so far where Trump has really had to face Justice now he's making these asage efforts to avoid having to pay up and the question is Will trump be able to escape accountability here as well the author of u
h the the The Daily Beast story that broke a lot of this Jose pieri political investigations reporter for The Daily Beast Jose thanks for um joining me if you could can you explain like the indications we have right now and and the timing about whether Donald Trump is in fact trying to move organizations that are subject of this fraud trial out of state to avoid having to pay penalties can you talk a little bit more about the the sort of evidence that that is at hand sure so I mean look like you
said all we know now is that they've had these changes of addresses and the person who should be first to know would be Barbara Jones that former federal judge who is the monitor over the company she's been babysitting the company for over a year now and this was exactly why she was put in place I mean Justice Eng gorin who is the trial judge knew that this kind of thing could happen that's why a little over a year ago he ordered this monitor to be put in place so that the trumps could not move
assets out of the state which was a concern from the beginning and so with this change of address we're sort of seeing hints at that I mean we knew that Donald Trump feared having to pay this amount of money and especially when he's going through such a big cash crunch now let's remember that the $83 million he has to pay up very quickly to eing Carol for losing the rape defamation case in January it's coming due and this is a really bad storm for him and so the fact that they've changed these
addresses is certainly suspicious the fact that they only alerted the court in a letter saying oh by the way you've you know these addresses are incorrect that's sort of a backdoor way to get into this and it's why the AG in New York is calling them out on this what's interesting is going to be how far this goes because at this point Trump's legal team has to answer some serious questions from the judge and the appell court isn't going to play this game either I mean they already issued a tempor
ary stay so that this can be fought on appeal but they chose not to hit the pause button on him paying this money so at this point he's not in a position where he's supposed to be moving assets he's actually in the position where he needs to pay up real soon and so we'll get answers pretty soon but the fact that they did it this way at this hour after they were told to pay is certainly raising red flags all

Comments

@dralaunacurry

Society let this man behave badly for 70sumn years, actually paid him to behave badly for entertainment, and then people are shocked when actions have consequences. America's addiction to entertainment and loving a train wreck is why we are here.

@Estoye

I didn't realize the people who helped set up Truth Social were old "Apprentice" rejects. Serves 'em right for getting into business with that crook.

@bgregg55

"I'm a billionaire. Send me money to pay my bills."

@porkchop0711

I thought he said at the beginning of the fraud trial that he had 400 million in liquid assets?? Was that a lie?

@user-hg9eb6nu4y

I went to my mortgage lender and asked them to settle my 450k mortgage for 100k, I was shocked to find that they didn’t think it was a good deal, I thought it was a cracking one 😂

@kellysanchez1000

"Run one of my businesses"..... ya right. come to find out he was nothing but a con artist and built a business out of cards.

@suomynona4607

He moved them telepathically, with his mind and didn't tell anyone.

@cateholm9426

As my Mum would say: “lay down with a dog get up with fleas”. They deserve whatever comes their way:)

@maureenmcgraw2752

It’s simple for the rest of us. You can’t pay YOU GO TO JAIL

@shawn84567

He knows that he can always rely on Russian money.The scariest thing is not knowing the whereabouts of those missing classified documents, and would he sell them to the highest bidder.

@betsyfloyde9244

“Penalties? What penalties? I didn’t do anything wrong! They can’t take my cash!”

@marilynminer677

Glad his plan to injure the investors in social media sale is known and he's getting sued over it.

@user-hf7jp2lt5x

You can’t fix stupid, but you can avoid being in business with it.

@SHARONCRAKER

I always said that the minute ANY lawsuit has claim, to file a lien against all business's and properties IMMEDIATELY !!!! He cannot sell anything without that being paid first or taken out of the proceeds of the sale. That is Real Estate Law!!!

@marianmiller2802

This is the first I am hearing of the lawsuit from the two former apprentice stars. The media does not pay attention to Trump outside of the indictments.

@lisaedwards6533

If all you have is debt, there is no fortune to lose.

@user-vx4gn6qc2b

Whatever happened to Trump Airlines? Trump's 3 AC Casinos? Trump University? Trump Steaks? Trump Ice? Trump's wife? 😂

@annem.parent8580

What he has done to others in his business dealings from his bankruptcies is coming back as his karma. SO RICHLEY IRONIC!!!

@Grammy52

The emperor has no clothes. He doesn’t have the fortune he claims and never has.

@anthonylagunas6737

He moved the companies in his mind. Just like he declassified documents