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submitted 9 months ago by MicroWave@lemmy.world to c/news@lemmy.world

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.

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[-] Rubanski@lemm.ee 13 points 9 months ago

They are getting paid via "exposure"

[-] CileTheSane@lemmy.ca 6 points 9 months ago

They are getting paid via "exposure"

You think Habba is getting a lot of work from her exposure?

[-] Pretzilla@lemmy.world 8 points 9 months ago

For her next pivot to right wingnut commentator, yep

[-] assassin_aragorn@lemmy.world 3 points 9 months ago

Have you heard her talk? She already is. She's a true believer.

this post was submitted on 22 Feb 2024
1012 points (98.2% liked)

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