Current:Home > NewsTrump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day -MoneyBase
Trump's civil fraud judgment is officially over $450 million, and climbing over $100,000 per day
View
Date:2025-04-14 13:51:02
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! (12231)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Buccaneers plan to evacuate to New Orleans with Hurricane Milton approaching
- Couples costumes to match your beau or bestie this Halloween, from Marvel to total trash
- Veterans of Alaska’s Oil Industry Look to Blaze a Renewable Energy Pathway in the State
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Guster, Avett Brothers and Florence Welch are helping bring alt-rock to the musical theater stage
- Opinion: Nick Saban asked important college football question, and Vanderbilt offers a loud answer
- What NFL game is on today? Saints at Chiefs on Monday Night Football
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- College Football Playoff predictions: Projecting who would make 12-team field after Week 6
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Could Naturally Occurring Hydrogen Underground Be a Gusher of Clean Energy in Alaska?
- New 'Menendez Brothers' documentary features interviews with Erik and Lyle 'in their own words'
- US court to review civil rights lawsuit alleging environmental racism in a Louisiana parish
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Mistrial declared again for sheriff accused of kicking shackled man in the groin
- Mega Millions tickets will climb to $5, but officials promise bigger prizes and better odds
- The Tropicana was once 'the Tiffany of the Strip.' For former showgirls, it was home.
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
RHOSLC Star Whitney Rose's 14-Year-Old Daughter Bobbie Taken to the ICU
New Red Lobster CEO Damola Adamolekun: Endless shrimp created 'chaos' but could return
Ahead of hurricane strike, Floridians should have a plan, a supply kit and heed evacuation advice
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
NFL games today: Start time, TV info for Sunday's Week 5 matchups
When do new episodes of 'Love is Blind' come out? Day, time, cast, where to watch
'Different Man' star Adam Pearson once felt 'undesirable.' Now, 'I'm undisputable.'