Current:Home > ScamsTrump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day -Mastery Money Tools
Trump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day
View
Date:2025-04-17 17:09:25
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! (93623)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Chappell Roan wants privacy amid newfound fame, 'predatory' fan behavior. Here's why.
- DJT shares pop after Donald Trump says 'I am not selling' Trump Media stake
- 2024 Emmys Hosts Dan Levy and Eugene Levy Beg You To Say Their Last Name Correctly
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Inside Benny Blanco and Selena Gomez’s PDA-Filled Emmys Date Night
- 3 dead, 2 injured in Arizona tractor-trailer crash
- King Charles III and Prince William wish Prince Harry a happy birthday amid family rift
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- How Baby Reindeer's Richard Gadd Became the Star of the 2024 Emmys
Ranking
- A White House order claims to end 'censorship.' What does that mean?
- 'Rarefied air': Ganassi's Alex Palou wins third IndyCar title in four years
- Your cat's not broken if it can't catch mice. Its personality is just too nice to kill
- 2024 Emmys: Saoirse Ronan and Jack Lowden Make Red Carpet Debut as Married Couple
- Rylee Arnold Shares a Long
- Privacy audit: Check permissions, lock your phone and keep snoops out
- Laverne Cox, 'Baby Reindeer' star Nava Mau tear up over making trans history at Emmys
- 'The Life of Chuck' wins Toronto Film Festival audience award. Is Oscar next?
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Tropical Storm Ileana makes landfall on Mexico’s Sinaloa coast after pounding Los Cabos
2024 Emmys: Baby Reindeer's Nava Mau Details Need for Transgender Representation in Tearful Interview
When are the 2024 Emmy Awards? Date, start time, nominees, where to watch and stream
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
How new 'Speak No Evil' switches up Danish original's bleak ending (spoilers!)
Falcons host the football team from Apalachee High School, where a shooter killed four
Who Is In the Banana Costume at the 2024 Emmy Awards? How a Reality Star Stole the Red Carpet Spotlight