Eric Trump says $454m fine imposed on his father ‘doesn’t exist in this country’

New York attorney general, Letitia James, could begin to seize Donald Trump’s assets as soon as Tuesday morning

Eric Trump has come out railing against the $454m fraudulent property valuations judgment against his father Donald Trump, saying bonds the size of the half-a-billion dollar one the former president is being required to put up “don’t exist in this country”.

As a court-imposed deadline ticks down on the former president’s family and their businesses to come up with almost half-a-billion dollars, the 40-year-old executive vice-president of the Trump Organization told Fox News on Sunday that bond issuers laughed when he approached them for that sum.