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
    link
    fedilink
    English
    arrow-up
    1
    ·
    9 months ago

    Are you familiar with the saying “If you run into one asshole in the morning, that’s the asshole. If you run into assholes all day, you’re the asshole”?

    I wonder if this applies to the devil as well.

    • BringMeTheDiscoKing@lemmy.ca
      link
      fedilink
      English
      arrow-up
      1
      ·
      9 months ago

      I not familiar with that specific version of the saying, no.

      The devil is probably surrounded by assholes and is one themself. So I’m not sure how it’d apply.

      Any other questions?

      • MacN'Cheezus
        link
        fedilink
        English
        arrow-up
        1
        ·
        9 months ago

        Any other questions?

        Who is the Disco King and what do you want of him?