Donald Trump owes an additional $87,502 in interest every day until he pays the $354 million fine in his civil fraud case, according to ABC News' calculations.

Former President Donald Trump owes an additional $87,502 in post-judgment interest every day until he pays the $354 million fine ordered by Judge Arthur Engoron in his civil fraud case, according to ABC News’ calculations based on the judge’s lengthy ruling in the case.

Judge Engoron on Friday fined Trump $354 million plus approximately $100 million in pre-judgment interest in the civil fraud case brought by New York Attorney General Letitia James, after he found that Trump and his adult sons had inflated Trump’s net worth in order to get more favorable loan terms. The former president has denied all wrongdoing and has said he will appeal.

Engoron ordered Trump to pay pre-judgment interest on each ill-gotten gain – with interest accruing based on the date of each transaction – as well as a 9% post-judgment interest rate once the court enters the judgment in the case.

  • CableMonster@lemmy.ml
    23·
    10 months ago

    How do you think it plays out if they are successful in their attempts to get trump not to be able to run for election?

    • fraksken@infosec.pub
      2·
      10 months ago

      What are you talking about. This is a due justice process, with a sentencing. I was just curious if such a sentencing would prevent taking public office.

      • CableMonster@lemmy.ml
        12·
        10 months ago

        Its due process in an unjust way. Do you think that all of these cases just happen to pop up when he was running for president? Its using the government to attack a political rival.

      • CableMonster@lemmy.ml
        13·
        10 months ago

        Only big business likes Haley. Do you not think the MAGA people wont get angry and could rightly say the election has been tampered with?

          • Iamdanno@lemmynsfw.comEnglish
            2·
            10 months ago

            In many (most/all?) places, you are not allowed to vote for anyone except the people listed on the ballot. Writing in their own choice would be disqualifying their own vote, so I hope millions of them do it.

            • kent_eh@lemmy.caEnglish
              2·
              10 months ago

              In some races in some parts of the USA, there is a legal option to write in a candidate’s name and have it be counted.

              Typically those tend to be fringe candidates, or protest names like Mickey Mouse, but it is permitted.

          • CableMonster@lemmy.ml
            14·
            10 months ago

            But then he will still lose, and they will rightly feel that the election was tampered with. Do you think they will just accept that?