Former President Donald Trump owes an additional $87,502 in post-judgment interest every day until he pays the $354 million fine ordered by Judge Arthur Engoron in his civil fraud case, according to ABC News’ calculations based on the judge’s lengthy ruling in the case.

Judge Engoron on Friday fined Trump $354 million plus approximately $100 million in pre-judgment interest in the civil fraud case brought by New York Attorney General Letitia James, after he found that Trump and his adult sons had inflated Trump’s net worth in order to get more favorable loan terms. The former president has denied all wrongdoing and has said he will appeal.

Engoron ordered Trump to pay pre-judgment interest on each ill-gotten gain – with interest accruing based on the date of each transaction – as well as a 9% post-judgment interest rate once the court enters the judgment in the case.

  • RGB3x3@lemmy.world
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    9 months ago

    Until he goes to jail, that interest and that fine isn’t going to matter to him. He can just ride it out until he’s dead.

    They need to give him a maximum of 4 months to pay it off or he goes to prison.

    Maybe he’ll get Epstiened in there and we can be rid of him for good.

    • CileTheSane@lemmy.ca
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      9 months ago

      They need to give him a maximum of 4 months to pay it off or he goes to prison.

      No, they need to just start seizing assets immediately once the deadline is reached.

      • gregorum@lemm.ee
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        9 months ago

        Letitia James has made it absolutely clear that is precisely what she will be doing. 

    • The Snark Urge@lemmy.world
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      9 months ago

      So that he could use not just his life, but also his death to irrevocably harm our democratic norms? Nah, let him hie in hospice while some nurse treats him like the tiresome burden he always has been

      • InternetUser2012@midwest.social
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        9 months ago

        I just hope the dementia holds off so he knows and understands how much he’s suffering. It’s still going to be nothing compared to the suffering this piece of shit has caused so many others.