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

    Right. You rejected my thorough experiment on the basis that fraud would never be made legal, so I gave you an example where this has literally happened, and your response is “then it’s no longer fraud”?

    My God, are you literally this stupid or are you being paid to pretend you are?

    • BringMeTheDiscoKing@lemmy.caEnglish
      0·
      9 months ago

      No I rejected it on the basis that fraud is currently illegal.

      It doesn’t matter if it remains illegal. You get tried for things that are currently illegal. If they decide to repeal those laws about investor fraud, then your comparison to pot users makes sense. AFTER they repeal those laws Donald might be able to seek some recourse. And right after that you can kiss the economy goodbye, since it’s all built on investor confidence.

      And saying that some states have ‘legalized fraud’ basically shows that you don’t understand or accept the legal definition of fraud.

      My God, are you literally this stupid or are you being paid to pretend you are?

      No and no

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

            I would feel like you’re either smart enough to have recognized the implication of answering that question truthfully, in which case you’re also smart enough to have understood the previous analogy and you were just pretending to be too dumb, or you’re just habitually manipulative because it tends to get you what you want most of the time, but you don’t really understand why.

            In either case, this conversation is over because you’re clearly a liar and unwilling to admit when you’ve been caught. Have a good day.

            • BringMeTheDiscoKing@lemmy.caEnglish
              0·
              9 months ago

              I would feel like you answered my substantive response with a question about breakfast, and given your track record on analogies I thought I’d just skip the part where I try to figure out if it makes sense and ask you the answer directly.

              You’re one of these people who seems to think the world works how they think it should work.

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

                And you’re one of those people who’s happy to use “the world doesn’t work the way you think it should work” as an excuse to lie, manipulate, and abuse others.

                • BringMeTheDiscoKing@lemmy.caEnglish
                  0·
                  9 months ago

                  Is that what I’m doing? Why do you keep responding?

                  What you’re doing lacks the coherence to even be called ‘projection.’