Kevin O’Leary from ‘Shark Tank’ Takes On Letitia James Over Attempt to Seize Trump’s Assets

Kanekoa The Great Shark Tank star Kevin O’Leary shocked CNN hosts by criticizing New York Attorney General Letitia James for behaving like a third-world dictator in her attempt to seize assets from former President Donald Trump. O’Leary responded to reports that James plans to pursue collection efforts if Trump cannot pay the $454 million he owes in a civil fraud lawsuit. James stated, “If he does not have funds to pay off the judgment, then we will seek enforcement mechanisms in court and ask the judge to seize his assets.”

O’Leary described the fines imposed on Trump as “un-American” and argued that overvaluing properties is common in the real estate business. He condemned the verdict and called for a review and appeal, stating that it is wrong for everyone involved. Calling New York a “loser state,” O’Leary highlighted issues faced by residents, legal citizens, and victims of crime. He compared the situation to countries like Venezuela or Cuba, questioning if it is good for business in New York or America.

During an appearance on CNN, O’Leary criticized James for applying laws meant to protect against overpriced refrigerators to an individual and discussing the seizure of assets. He emphasized that the trial and ruling were unprecedented, with no previous instances of half-billion dollar bonds. O’Leary stressed that the situation is not about Trump but about America and the New York brand, calling it a horrible message to the world.

James had campaigned on targeting Trump, a move O’Leary believes tarnishes the integrity of institutions in pursuit of political goals. Trump must provide a financial guarantee by Monday. O’Leary urged people to support and share trustworthy sources.