An online fundraiser for former President Donald Trump has racked up $84,354 out of a $355 million target in just 24 hours following the final judgement in his civil fraud trial in New York.
On Friday, Trump was fined roughly $355 million by New York Judge Arthur Engoron following a monthslong trial. The trial was to determine how much Trump and his associates would pay after New York Attorney General Letitia James filed a lawsuit in September 2022 accusing the former president, his two adult sons, Donald Jr. and Eric, The Trump Organization and two firm executives, Allen Weisselberg and Jeff McConney of fraudulently overvaluing assets to secure more favorable bank loans and taxation deals.
The former president was also barred from doing business in New York for three years. Other defendants in the case also faced financial penalties and were banned from doing business in New York for periods of time. Meanwhile, Trump, who is the GOP frontrunner in the 2024 presidential election, has denied any wrongdoing and claims the case was politically motivated.
At this rate it’ll only take about 11 1/2 years to raise the full 355m.
The rate of interest is close to $1M per week… So 84k/day won’t even cover the interest he owes
If you count the $4 million that each of his sons owe and the interest already accrued they actually owe $464 million. It was a very bad day for the Trump crime family.
Oh well.