Current:Home > InvestTrump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day -Wealth Evolution Experts
Trump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day
View
Date:2025-04-13 01:25:37
In New York, former President Donald Trump's bills are racking up. The judgment in his civil fraud trial was officially entered with the court today — $454,156,783.05 for him alone, plus Trump is now accruing over $100,000 of post-judgment interest each day.
This is on top of the recent $83.3 million verdict against him in the E. Jean Carroll defamation trial.
Trump and the other defendants in the civil fraud case — his sons Donald Jr. and Eric Trump, and two other Trump Organization executives — have 30 days to appeal the decision by Judge Arthur Engoron, which found them liable for fraud for misrepresenting the value of Trump properties.
Trump has denied wrongdoing and vowed to appeal, calling the case a politically motivated "witch hunt."
New York Attorney General Letitia James could enforce this judgment by freezing Trump's bank accounts and selling off his properties. James has said she has her eye on Trump's 40 Wall Street skyscraper. To prevent such actions, Trump either has to post a bond or deposit money with the court — likely at least the full amount of the judgment, the Attorney General's Office said, and possibly additional funds to cover post-judgment interest that will continue to accrue during the appeal process.
The final monetary judgment entered, including about $100 million in pre-judgment interest, totals $464,576,230.62 for all the defendants. Starting today, post-judgment interest also begins accruing at 9% per annum. That's a total of $114,553.04 interest per day, with $111,983.86 just for Trump.
Trump and the other defendants had asked Engoron to stay enforcement of the judgment for 30 days to "allow for an orderly post-Judgment process, particularly given the magnitude of the Judgment."
Engoron denied the request, saying: "You have failed to explain, much less justify, any basis for a stay."
- In:
- The Trump Organization
- Donald Trump
veryGood! (763)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Taylor Swift, Caitlin Clark and More Celebs React to Brittany and Patrick Mahomes’ Pregnancy Announcement
- Horoscopes Today, July 12, 2024
- Federal judge refuses to block Biden administration rule on gun sales in Kansas, 19 other states
- Small twin
- Prince Harry accepts Pat Tillman Award for Service at ESPYs despite Tillman's mother's criticism to honor him
- Arizona abortion initiative backers sue to remove ‘unborn human being’ from voter pamphlet language
- Euphoria Season 3 Finally Has a Start Date
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- US Navy pilots come home after months of shooting down Houthi missiles and drones
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Alec Baldwin 'Rust' case dismissed by judge over 'suppressed' evidence
- The Daily Money: Take action: huge password leak
- Following Cancer Alley Decision, States Pit Themselves Against Environmental Justice Efforts
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Alix Earle's Sister Ashtin Earle Addresses PDA Photos With DJ John Summit
- A county canvassing board rejected the absentee ballot of North Dakota Gov. Doug Burgum’s wife
- Police chief resigns after theft of his vehicle, shootout in Maine town
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
A county canvassing board rejected the absentee ballot of North Dakota Gov. Doug Burgum’s wife
Houston area deputy fatally 'ambushed' while tracking down suspect accused of assault
Judge throws out Rudy Giuliani’s bankruptcy case, says he flouted process with lack of transparency
Stamford Road collision sends motorcyclist flying; driver arrested
Chicago removing homeless encampment ahead of Democratic National Convention
Madewell's Big End of Season Sale Is Here, Save up to 70% & Score Styles as Low as $11
Antonio Banderas and Stepdaughter Dakota Johnson's Reunion Photo Is Fifty Shades of Adorable