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.
And then Nikki Haley drops out, making him presumptive nominee, and all hell breaks loose again.
Just make him go away already.
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.
I’m going to register as R in the primaries just to take the vote away from Trump.
Start the liquidation
And finally, I’m not referring to the piss tape.
One more stately rotation of the wheels of justice. Moving right along, dugga dun dugga dun 🎶
Can appeal result in higher fines or effects?
This is the best summary I could come up with:
NEW YORK (AP) — 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.
Within that same time frame, he must deposit “sufficient funds” in a court-controlled account or secure a bond for the total amount, James’s office said.
Earlier this week, James said she would seek to seize some of the former president’s assets if he’s unable to cover the bill, though the appeal is likely to halt collection of his penalty while the process plays out.
On Thursday, Engoron rejected lawyer Clifford Robert’s request that enforcement of the penalty be delayed 30 days, writing in an email: “You have failed to explain, much less justify, any basis for a stay.
The original article contains 436 words, the summary contains 218 words. Saved 50%. I’m a bot and I’m open source!
