Current:Home > ContactTrump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day -MarketLink
Trump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day
View
Date:2025-04-24 10:16:52
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! (413)
Related
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- How much is the 2025 Volkswagen ID Buzz EV? A lot more than just any minivan
- The DNC wants to woo NFL fans in battleground states. Here's how they'll try.
- Profiles in clean energy: Once incarcerated, expert moves students into climate-solution careers
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- The DNC wants to woo NFL fans in battleground states. Here's how they'll try.
- Deion Sanders, Colorado lose more than a game: `That took a lot out of us'
- Teddi Mellencamp Details the Toughest Part of Her Melanoma Battle: You Have Very Dark Moments
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Ariana Grande Brings Back Impressions of Céline Dion, Jennifer Coolidge and More on SNL
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Talking about sex is hard, no matter how old you are | The Excerpt
- How did Ashton Jeanty do vs Hawaii? Boise State RB's stats, highlights from Week 7 win
- My Skin Hasn’t Been This Soft Since I Was Born: The Exfoliating Foam That Changed Everything
- This was the average Social Security benefit in 2004, and here's what it is now
- Inside LSU football's wild comeback that will change Brian Kelly's tenure (Or maybe not.)
- The Latest: Trump and Harris head back to Pennsylvania, the largest battleground state
- Watch little baby and huge dog enjoy their favorite pastime... cuddling and people-watching
Recommendation
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Bath & Body Works candle removed from stores when some say it looks like KKK hood
Quentin Tarantino's 'Pulp' players: A guide to the actors who make his 'Fiction' iconic
Which candy is the most popular search in each state for Halloween? Think: Vegetable
Questlove charts 50 years of SNL musical hits (and misses)
How long does COVID last? Here’s when experts say you'll start to feel better.
Which candy is the most popular search in each state for Halloween? Think: Vegetable
Why Taylor Swift Fans Think Date Night With Travis Kelce Included Reputation Easter Eggs