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$454 million judgment against Trump is finalized, starting clock on appeal in civil fraud case (apnews.com)

submitted 4 months ago by MicroWave@lemmy.world to c/politics@lemmy.world

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The staggering civil fraud judgment against Donald Trump was finalized in New York on Friday, making official a verdict that leaves the former president on the hook for more than $454 million in fines and interest.

The procedural step by the New York county clerk starts the clock on Trump’s appeals process, while allowing the debt to begin racking up post-judgment interest of nearly $112,000 each day, according to a spokesperson for New York Attorney General Letitia James, who brought the case.

In his Feb. 16 ruling, Judge Arthur Engoron ruled that Trump lied for years about his wealth in order to secure favorable loans and make deals that helped prop up his real estate empire. He was ordered to pay $354.9 million in penalties plus nearly $100 million in interest.

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[-] JeeBaiChow@lemmy.world 30 points 4 months ago

And then Nikki Haley drops out, making him presumptive nominee, and all hell breaks loose again.

Just make him go away already.

[-] ansiz@lemmy.world 32 points 4 months ago

Nah, Haley is in it for 2028 or the lotto chance that Trump drops dead. She's still raising plenty of money. Trump is the nominee for sure but her staying in is at least driving him crazy and getting him to spend a lot of money he wouldn't otherwise need to. Trump is outspending his fundraising so this just makes him weaker in the general.

[-] pearsaltchocolatebar@discuss.online 1 points 4 months ago

I'm going to register as R in the primaries just to take the vote away from Trump.

this post was submitted on 24 Feb 2024

213 points (99.1% liked)

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