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.

  • Minds Agent@lemm.ee
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    4
    ·
    9 months ago

    good choice! enough said! but flag waving? so anyone stands up for America is Flag Waving? I guess you are Anti-USA good job! that is all!

    • skulblaka@startrek.website
      link
      fedilink
      arrow-up
      3
      arrow-down
      1
      ·
      9 months ago

      Frankly? Yeah. The USA mostly fucking sucks these days. The American dream has become to move to Europe. We still have a chance to turn it around but that chance is being squandered.

      • Minds Agent@lemm.ee
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        2
        ·
        9 months ago

        you sound like a LOSER bye kid! get a F* clue kid. Look at other countries, how messed up they are! Iran/China/Korea/Japan go figure, go back to grade school punk