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.

  • normanwall
    arrow-up
    33
    arrow-down
    0
    ·
    8 months ago
    link
    fedilink

    Unfortunately, there are always more lawyers stupid enough to work for him and assume they’ll get paid. I think the quality on average just gradually goes down.

    • HopeOfTheGunblade
      arrow-up
      25
      arrow-down
      0
      ·
      8 months ago
      link
      fedilink

      Which is doing him unfavors. Appealing this is going to be really hard because Habba didn’t lodge any objections to any of the evidence, cutting down grounds for appeal.

    • Rubanski
      arrow-up
      13
      arrow-down
      0
      ·
      8 months ago
      link
      fedilink

      They are getting paid via “exposure”

      • CileTheSane
        arrow-up
        6
        arrow-down
        0
        ·
        8 months ago
        link
        fedilink

        They are getting paid via “exposure”

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

        • Pretzilla
          arrow-up
          8
          arrow-down
          0
          ·
          8 months ago
          link
          fedilink

          For her next pivot to right wingnut commentator, yep

          • assassin_aragorn
            arrow-up
            3
            arrow-down
            0
            ·
            8 months ago
            link
            fedilink

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

    • fidodoEnglish
      arrow-up
      8
      arrow-down
      0
      ·
      8 months ago
      link
      fedilink

      I’m not sure how the quality can possibly go any lower

      • gregorumEnglish
        arrow-up
        3
        arrow-down
        0
        ·
        8 months ago
        link
        fedilink

        I remember thinking this 5-10 Trump lawyers ago. It can always go lower.