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Trump assets, including NYC tower, could be on the chopping block to pay massive $355M civil fraud ruling
Trump attorney Alina Habba shares what’s next for the former president after a judge ruled he must pay nearly $355 million in a New York civil fraud case on ‘The Story.’
As a 30-day deadline looms for former President Donald Trump to fork over $355 million in a civil fraud trial, several of his multi-million assets could be on the chopping block to pay off the fine.
These assets would presumably include buildings owned by the Trump Organization such as the iconic Trump Tower, Trump Park Ave, 1290 Avenue of the Americas, 40 Wall Street, the Trump National Golf Club in Westchester, and the Seven Springs.
That the former president will sell any of these properties – taking a chunk out of his estimated $2.6 billion net worth – is merely speculative at this point. And legal experts have argued he has strong grounds for an appeal.
The “Trump World Tower”, located on 845 United Nations Plaza, in New York City on February 17, 2024. ( CHARLY TRIBALLEAU/AFP via Getty Images / Getty Images)
“Even if we choose to appeal this – which we will – we have to post the bond, which is the full amount and some, and we will be prepared to do that,” Trump lawyer Alina Habba told Martha MacCallum on Monday.
Trump could ultimately end up owing a half-billion dollars or more as a result of Friday’s verdict. In addition to the $355 million penalty, Trump is required to pay interest on that amount.
In all, Judge Arthur Engoron imposed $363.9 million in penalties on Trump and his co-defendants, including his sons Eric and Donald Trump Jr., or about $464 million with interest, according to New York Attorney General Letitia James’ office.
LOOMING LEGAL PENALTIES RAISE QUESTIONS ABOUT DONALD TRUMP’S FINANCES
“What they’re trying to do … is put him out of business. It’s not going to work, number one. Number two, what they’re doing is a scare tactic,” Habba said. “It’s absolutely insane. No, there will be no mayhem for the Trump organization. Unfortunately, I know that was Miss James’ goal and Judge Engoron wanted, but that is not going to be the case.”
George Washington University Law School professor and attorney Jonathan Turley has called the ruling “obscene” and accused Democrats of weaponizing the justice system to punish Trump, the presumptive GOP nominee in the 2024 presidential race.
Republican presidential candidate former President Donald Trump holds gold Trump sneakers at Sneaker Con Philadelphia, an event popular among sneaker collectors, in Philadelphia, Saturday, Feb. 17, 2024. (AP Photo/Manuel Balce Ceneta / AP Images)
Others have argued that the ruling would scare off investment in the Big Apple – a problem, FOX Business’ Charles Payne noted, already existed before the ruling.
“You want office buildings built here? We’ve already got 52% capacity, that probably won’t go much higher,” he said. “You know people who don’t have to come to the city to work, aren’t going to come.”
O’Leary Ventures Chairman Kevin O’Leary said he “would never invest in New York now.”
“And I’m not the only person saying that,” O’Leary said. “Do you think any foreign institution or any private equity firm or any pension fund would touch New York? No! And that’s why New Yorkers should be concerned.”
TRUMP BARRED FROM OPERATING BUSINESS, ORDERED TO PAY OVER $350 MILLION IN NY CIVIL FRAUD CASE
Trump praised O’Leary for telling it like it is, warning that “businesses will flee NYC & State after the Corrupt Judge’s ruling!”
The former president himself has called Friday’s decision a “weaponization against a political opponent” and complained that he was being penalized for “having built a perfect company, great cash, great buildings, great everything.”
For now, the former president can’t appeal the decision just quite yet because the clerk’s office at Engoron’s courthouse still has to file paperwork to make it official.
FILE: ustice Arthur Engoron presides over Donald Trump Jr.’s testimony in his family’s civil fraud case at the New York State Supreme Court on Monday, Nov. 13, 2023 in New York. (Erin Schaff/The New York Times via AP / AP Newsroom)
Once that happens, Trump can file an appeal with New York’s Appellate Division, a mid-level appeals court just above Engoron’s trial court in the state’s judicial hierarchy. His lawyers are almost certain to ask for an immediate stay — a legal term for an order halting enforcement of Engoron’s decision while the appeals process plays out.
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Under state law, Trump will receive an automatic stay if he puts up money, assets or an appeal bond covering the amount he owes. The appeals process typically takes months, if not a year or more. If Trump is unsuccessful at the Appellate Division, he can ask the state’s highest court, the Court of Appeals, to consider taking his case.
The Associated Press contributed to this report.
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Video: Singer D4vd Is Charged With Murder of Celeste Rivas Hernandez
new video loaded: Singer D4vd Is Charged With Murder of Celeste Rivas Hernandez
transcript
transcript
Singer D4vd Is Charged With Murder of Celeste Rivas Hernandez
The musician D4vd was charged with murder on Monday, seven months after the police said that the body of a teenage girl, Celeste Rivas Hernandez, had been found in the trunk of his Tesla. D4vd, whose real name is David Burke, pleaded not guilty to the charges.
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“On April 23, 2025, as has been alleged by the complaint, Celeste, a 14-year-old at that time, went to Mr. Burke’s house in the Hollywood Hills. She was never heard from again.” “These charges include the most serious charges that a D.A.‘s office can bring. That is first-degree murder with special circumstances. The special circumstances being lying in wait, committing this crime for financial gain or murdering a witness in an investigation. These special circumstances carry with it, along with the first-degree murder charge, a maximum sentence of life without the possibility of parole, or the death penalty.” “We believe the actual evidence will show David Burke did not murder Celeste Revis Hernandez nor was he the cause of her death.”
By Jackeline Luna
April 20, 2026
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The Onion has agreed to a new deal to take over Infowars
In this photo illustration, The Onion website is displayed on a computer screen, showing a satirical story titled Here’s Why I Decided To Buy ‘InfoWars’, on November 14, 2024 in Pasadena, California.
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The satirical website, The Onion, has a new deal to take over Infowars, conspiracy theorist Alex Jones’s far-right media company. If approved by a Texas judge, the deal would take away his Infowars microphone, and allow The Onion to resume its plans to turn the website into a parody of itself.

Families of those killed in the 2012 Sandy Hook Elementary School shooting, who sued Jones for defamation, want the sale to happen. They’re still waiting to collect on the nearly $1.3 billion judgement they won against Jones for spreading lies that they faked the deaths of their children in order to boost support for gun control. That prompted Jones’s followers to harass and threaten the families for years.
The families are also eager to take away Jones’s platform for spewing such conspiracy theories. The deal not only would divorce Jones from his Infowars brand, but it would turn the platform against him by allowing The Onion to mock his kind of conspiracy mongering and advocate for gun control.
The families “took on Alex Jones to stop him from inflicting the same harm on others” by using “his corrupt business platform to torment and harass them for profit,” said Chris Mattei, one of the attorneys for the families. “When Infowars finally goes dark, the machinery of lies that Jones built will become a force for social good, thanks to the families’ courage and The Onion’s vision, persistence and stewardship.”
A mourner visits the Sandy Hook Permanent Memorial on the 10th anniversary of the school shooting on Dec.14, 2022 in Newtown, Connecticut. Twenty-six people were shot and killed, including 20 first graders and 6 educators, in one of the deadliest elementary school shootings in U.S. history.
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For its part The Onion called it a “significant step in an effort to transform one of the internet’s more notorious misinformation platforms into a new comedy network for satire.” The company says it could announce its new rollout of Infowars in a matter of weeks if the judge approves the deal.
“Eight years, almost to the day, after the Sandy Hook parents first filed suit against Alex Jones, they’ll finally get some justice, and even some money,” said Ben Collins, CEO of The Onion. “This is a chance to make something genuinely new out of a very broken piece of media history.”
On its website Monday, The Onion posted a satirical message from the fictional CEO of its parent company, Global Tetrahedron, “Bryce P. Tetraeder,” stating a “dream is finally coming true.”
Jones’s posted on X Monday that “The Onion Has Fraudulently Claimed AGAIN That It Owns Infowars!!!” adding that “The Democrat Party Disinformation Publication Is Publicly Bragging About Its Plan To Silence Alex Jones’ Infowars And Then Steal & Misrepresent His Identity!”
On a podcast in March, Jones alluded to the impending demise of Infowars, saying, “We’re getting shut down. We beat so many attacks. But finally, we’re shutting down like the middle of next month,” before insisting, “We’re going to be fine.”
Jones suggested Monday he would appeal any court decision to approve the leasing deal. And even if he loses control of Infowars, Jones could continue to broadcast from another studio, under another name.
Jones’s attorneys did not respond to a request for comment.

More than a year ago, a federal bankruptcy judge rejected The Onion’s first attempt to buy Infowars through a bankruptcy auction, saying the process was flawed. Since then, the bankruptcy court clarified that because Infowars’ parent company, Free Speech Systems, is not itself in bankruptcy, its property should be handled instead by a Texas state receiver. That cleared the way for the new pending deal to lease Infowars to The Onion, with the hope that a future sale could be approved.
In papers filed in state court, the Texas receiver said he “determined that licensing the Intellectual Property is in the best interest of the receivership estate.”
The deal calls for The Onion to pay $81,000 a month to license the Infowars.com domain and brand name, which the receiver says will “cover carrying costs to preserve and protect the assets of the receivership estate” until an appeal filed by Jones is decided and the path is cleared for a sale.
Jones’s personal bankruptcy case is proceeding in federal bankruptcy court, where a trustee continues to sell off Jones’s personal property, including cars, homes, watches and guns, with proceeds intended for the families.
A memorial to massacre victims stands near the former site of Sandy Hook Elementary on Dec. 14, 2013 in Newtown, Connecticut, one year after Adam Lanza shot and killed 20 first graders and six adults at the school.
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Tehran says ‘no plans’ for new talks after US seizes Iranian cargo ship
US negotiators to head to Pakistan and Iranian cargo ship seized – a recappublished at 00:37 BST 20 April
Tankers in the Strait of Hormuz on Saturday
Here’s a recap of the latest developments.
US negotiators will head to Pakistan on Monday with the intention of holding further talks on ending the war, Trump says – but Iranian state media cites unnamed officials as saying Tehran has “no plans for now to participate”.
The prospect of further high-level negotiations – a White House official says Vice-President JD Vance will attend – comes amid reports of fresh attacks on commercial vessels.
Trump says the navy intercepted and took “custody” of an Iranian tanker attempting to pass through the US blockade, “blowing a hole” in the ship’s engine room in the process.
Earlier, in the same post announcing his representatives would travel for more talks, Trump renewed his threat to destroy Iranian energy sites and bridges if no deal is reached.
Reports in Iranian media over the weekend suggest Iran is continuing to work on plans to potentially apply a toll to ships passing through the strait – although it’s unclear if such a move will be implemented.
Iranian state TV cites unnamed officials as saying that “continuation of the so-called naval blockade, violation of the ceasefire and threatening US rhetoric” are slowing progress in reaching an agreement.
Trump also accused Iran of violating the ceasefire, saying more commercial ships have been attacked by Iran in the Strait of Hormuz.
A UK maritime agency reported two commercial ships came under fire in the strait on Saturday.
Iran’s foreign minister had said on Friday that the strait would be opened – which was shortly followed by Trump saying the US naval blockade of Iranian ports would remain in place until a deal is reached. Iran has since said the strait is closed again.
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