Current:Home > StocksTrump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day -FundPrime
Trump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day
View
Date:2025-04-18 01:12:34
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! (68)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- In graphic memoir 'In Limbo,' a Korean American finds healing and humanity
- Why aren't more people talking about James Corden's farewell to 'The Late Late Show'?
- How a mother and her daughters created an innovative Indian dance company
- New data highlights 'achievement gap' for students in the US
- Train crash in Greece kills at least 43 people and leaves scores more injured as station master arrested
- Kate Hudson Felt She Failed After Chris Robinson and Matt Bellamy Breakups
- 'Wait Wait' for May 6, 2023: With Not My Job guest Ray Romano
- Federal hiring is about to get the Trump treatment
- TikTok's Everything Shower Trend Is an Easy Way to Prioritize Self-Care
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Brace yourself for a bleaker 'Bridgerton' in the new 'Queen Charlotte' spin-off
- What's making us happy: A guide to your weekend listening and viewing
- 'Shy' follows the interior monologue of a troubled teen boy
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Durand Jones pens a love letter to being Black, queer and from the rural South
- Why Dierks Bentley Feels Like He Struck Gold With His Family and Career
- House select committee hearing paints China as a strategic antagonist
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
You're overthinking it — how speculating can spoil a TV show
Alec Baldwin Pleads Not Guilty to Involuntary Manslaughter in Rust Shooting of Halyna Hutchins
John Mulaney's 'Baby J' turns the spotlight on himself
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Alec Baldwin Pleads Not Guilty to Involuntary Manslaughter in Rust Shooting of Halyna Hutchins
Lauren and Chris Lane Discuss How Their Dogs Prepared Them for Parenthood and Share Their Pet Must-Haves
Kate Hudson Felt She Failed After Chris Robinson and Matt Bellamy Breakups