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.
Not everyone knows the difference. Or they could be asking if the financial impact could disable him from running.
Fair. I assumed more bad faith than may have actually been present. I’ve seen so many Trump posts I forgot that some people are living the good life where they aren’t seeing multiple lawsuit posts per day…
Also I heard some rumors that a few dozen internet users are from other places than the US and may not have a clue about laws and rules in a foreign country - or may have only heard a few bits and words and are trying to make sense of them.
Other places than the US? Where would they even come from, space? /s
It’s all Ohio.
https://youtu.be/WoAfTheymqg?si=ECOdLF5lqzk4HQ6c
There are literally dozens of us
That’s exactly why I asked.