Current:Home > InvestSignalHub Quantitative Think Tank Center:Trump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day -Elevate Profit Vision
SignalHub Quantitative Think Tank Center:Trump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day
SignalHub Quantitative Think Tank Center View
Date:2025-04-10 21:51:35
In New York,SignalHub Quantitative Think Tank Center 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! (36)
Related
- North Carolina justices rule for restaurants in COVID
- Few are tackling stigma in addiction care. Some in Seattle want to change that
- Connecticut Program Makes Solar Affordable for Low-Income Families
- The 25 Best Amazon Deals to Shop Memorial Day Weekend 2023: Smart TVs, Clothes, Headphones, and More
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- The 33 Most Popular Amazon Items E! Readers Bought This Month
- Tina Turner's Cause of Death Revealed
- CBS News poll: The politics of abortion access a year after Dobbs decision overturned Roe vs. Wade
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- New Study Projects Severe Water Shortages in the Colorado River Basin
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Afghan evacuee child with terminal illness dies while in federal U.S. custody
- Biden taps Mandy Cohen — former North Carolina health secretary — to lead CDC
- The winners from the WHO's short film fest were grim, inspiring and NSFW-ish
- 'Most Whopper
- Bumblebee Decline Linked With Extreme Heat Waves
- The drug fueling another wave of overdose deaths
- Why Jana Kramer's Relationship With Coach Allan Russell Is Different From Her Past Ones
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Years before Titanic sub went missing, OceanGate was warned about catastrophic safety issues
A Climate Change Skeptic, Mike Pence Brought to the Vice Presidency Deep Ties to the Koch Brothers
How a Brazilian activist stood up to mining giants to protect her ancestral rainforest
A White House order claims to end 'censorship.' What does that mean?
Taylor Swift and Ice Spice's Karma Remix Is Here and It's Sweet Like Honey
Missouri woman imprisoned for library worker's 1980 murder will get hearing that could lead to her release
Senate 2020: In Alabama, Two Very Different Views on Climate Change Give Voters a Clear Choice