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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's Fraud Penalty Is Now $502 Million
https://politicalwire.com/2025/01/16/trumps-fraud-penalty-is-now-502-million/Trumps Fraud Penalty Is Now $502 Million
January 16, 2025 at 2:09 pm EST By Taegan Goddard
Quietly, just before the calendar turned for the new year, an already whopping debt tentatively owed by President-elect Donald Trump and co-defendants in his New York civil fraud case hit an eye-popping, interest-accumulating milestone: half a billion dollars, CBS News reports.
Trump, two of his sons and a former executive at his company were ordered in February 2024 to pay $364 million in ill-gotten gains and millions more in interest dating back years. The figure, which was then $464 million, continued to accrue more than $114,000 in interest per day. The judgment is on appeal.
The total crossed $500 million on Dec. 29, and stands at more than $502 million on Thursday, a spokesperson for New York Attorney General Letitia James confirmed.
Trump, two of his sons and a former executive at his company were ordered in February 2024 to pay $364 million in ill-gotten gains and millions more in interest dating back years. The figure, which was then $464 million, continued to accrue more than $114,000 in interest per day. The judgment is on appeal.
The total crossed $500 million on Dec. 29, and stands at more than $502 million on Thursday, a spokesperson for New York Attorney General Letitia James confirmed.
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Trump's Fraud Penalty Is Now $502 Million (Original Post)
babylonsister
15 hrs ago
OP
RANDYWILDMAN
(2,965 posts)1. it is gonna end up in the 200-300 range
Popok on Legal AF, said NY appeals always cuts these way down.
Still a lot of money, he will have to grift harder to make that back though
wcmagumba
(3,325 posts)2. Grifter won't pay nothing....
rurallib
(63,330 posts)4. That's for sure
SCOTUS will bail his ass out somehow
BoRaGard
(3,482 posts)3. The Felon has cheated at business his entire life
republicons worship him for his sleaziness
Deuxcents
(20,421 posts)5. He's not worried about it because he will not be held accountable. Ever.