Donald Trump owes an additional $87,502 in interest every day until he pays the $354 million fine in his civil fraud case, according to ABC News' calculations.

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.

  • MacN'Cheezus@lemmy.todayEnglish
    0·
    9 months ago

    Jfc this is the dumbest take. Republicans could bring him to trial if they wanted to and actually had any evidence.

    No, they can’t, because they weren’t directly harmed by any of what Hunter’s laptop contains evidence of, so there is no grounds to file a civil suit against him. All they can do (and have, of course, done repeatedly) is say “but there’s evidence of criminal conduct there”, but the decision of whether or not to investigate and bring charges is up to the AG, who despite calling himself an independent, doesn’t seem particularly keen on pursuing any investigation that could potentially harm the image of the Democrat party or the sitting president, especially not in an election year.

    Instead, he prefers to go after parents who show up for their local school board meetings, or swat the homes of faithful Catholics for the crime of silently praying in front of abortion clinics. You know, because that’s all very important stuff, just like those trees in Guatemala.

    Instead they have more important things to do like… Insist on a closed door investigation. Remember when Hunter Biden showed up, willing to answer questions, but insisted it be a public hearing instead of a closed hearing? I wonder why Republicans didn’t take him up on that.

    No, I don’t, and I don’t follow politics closely enough to say I never miss anything, so could you please provide me a link on that?

    I believe you’ll find I am consistent in my belief that people who do crimes should be charged, bought to trial, and punished for them.

    Okay, that’s great, but simply believing that doesn’t make it so, does it? And looking only at instances where people you hate or disagree with have been brought to trial doesn’t prove that it is, in fact, so. If Democrats are, as you claim, better at doing justice, show me the evidence of Democrats having been brought to trial and indicted by Democrats, unless you also want to claim that Democrats simply don’t do any crime.

    Some idiot insisting “they must have done crimes” does not make it so. If there is evidence, then fucking present it and charge them. If they’re not going to charge them, that’s because there is no evidence, and they need to shut the fuck up about it.

    Again, in cases where it’s a matter of only a law having been broken, or when no victim has the courage of coming forward and making an allegation, it is on the Attorney General to prosecute. And they have full power to decide what they will and won’t spend their time on. So I’m afraid that “no charges have been brought” is not a good enough indicator of whether or not a law has been broken or a crime has occurred.