Donald Trump’s legal debts might now exceed a half-billion dollars

A New York judge ordered Trump and his companies Friday to pay $355 million in fines, plus interest, after ruling that he had manipulated his net worth in financial statements.

The stiff penalty comes just weeks after Trump was ordered to pay $83.3 million to the writer E. Jean Carroll for damaging her reputation after she accused him of sexual assault. A separate jury last year awarded Carroll $5 million from Trump for sexual abuse and defamation.

Add interest payments on top of that and the judgments could deal a staggering blow to the personal fortune that remains core to Trump’s political appeal. He has adamantly denied wrongdoing and pledged to appeal, a process that could take months or even years.

In the meantime, here’s what we know about what Trump owes, whether he’ll have to pay up, and what comes next:

  • snekerpimp@lemmy.world
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    10 months ago

    Man was convicted of fraud, it’s all he knows. A law forbidding something is for poor rubes, not a rich daddies boy fraudster. He’ll use any funds he can get his little baby fingers on, regardless of legality.

    • Varyk@sh.itjust.works
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      10 months ago

      He can use any avenue he can lay his s***** fingers on, but he’s already paid 5 million and I will be shocked if he does not end up paying substantially more.

      Can’t wait for baby hands to go down in flames. Coronary or otherwise.