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.

  • fine_sandy_bottom@discuss.tchncs.de
    0·
    9 months ago

    Is this essentially what you think happened?

    No. I think what’s happened is described in Engoron’s ruling. Have you read it?

    Do you think the rape case was also correct and justified?

    I don’t really know anything about the rape case.

    I dont think you can step back

    The bigger picture is informed by the minutia, not the other way around. You’re trying to say Trump is the victim of a targeted attack as evidenced by the multiple cases he’s defending. Maybe he’s just a criminal, who has been acting with an expectation of impunity.

    Regardless, I think we should leave our little tete a tete here, as it doesn’t seem very productive. Of course you can have the last word but I don’t intend to respond.