April 25, 2022
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3:22Now PlayingDonald Trump was held in contempt of court for failing to turn over records in New York’s probe of asset valuations at his sprawling real estate company, and must pay $10,000 a day until he complies.
Monday’s ruling, which adds pressure on the former president as New York Attorney General Letitia James seeks to wrap up her investigation, came after a lawyer for James said at a hearing that the state is likely to bring an enforcement action against the Trump Organization “in the near future.”
It is a significant victory for James, a Democrat, who for months has accused Trump of ignoring outstanding subpoenas even as his company has handed over more than 6 million pages of corporate documents. Trump, the most prominent Republican in the party, has argued that he is the target of a political vendetta and that he has no more records to hand over, especially since he doesn’t use a computer.
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