Current:Home > InvestTrump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day -Stellar Wealth Sphere
Trump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day
View
Date:2025-04-15 11:44:54
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! (5)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- British TV personality Holly Willoughby quits daytime show days after alleged kidnap plot
- White House condemns a violent crash at the Chinese Consulate in San Francisco
- The former chairman of the Arkansas State Medical Board has been arrested for Medicaid fraud
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Former New York congressman wants to retake seat as Santos’ legal woes mount
- Bulgaria arrests 12 people for violating EU sanctions on exports to Russia
- Some Israelis abroad desperately try to head home — to join reserve military units, or just to help
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Special counsel accuses Trump lawyers of making distorted and exaggerated claims in bid to delay documents trial
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- 'This is against all rules': Israeli mom begs for return of 2 sons kidnapped by Hamas
- Gunmen abduct 4 students of northern Nigerian university, the third school attack in one month
- Louisiana principal apologizes, requests leave after punishing student for dancing at party; her mom says too little, too late
- North Carolina justices rule for restaurants in COVID
- Jury deliberates in first trial in Elijah McClain's death
- Atlanta police officer fired over church deacon's death; family pleas for release of video
- Jimmy Kimmel brings laughs, Desmond Howard dishes on famous Heisman pose on ManningCast
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
Internal conflicts and power struggles have become hallmarks of the modern GOP
Rome buses recount story of a Jewish boy who rode a tram to avoid deportation by Nazis. He’s now 92
California is banning junk fees, those hidden costs that push up hotel and ticket prices
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
North Carolina Republicans enact voting, election boards changes over Democratic governor’s vetoes
Special counsel asks judge in Trump's Jan. 6 case to implement protections for jurors
Caitlin Clark has become the first college athlete to secure an NIL deal with State Farm