'A lot of money': Trump owes $87K in interest per day until he pays the fine in his civil fraud case
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.
I hope she is able to do so. It’s pretty clear that TFG will not willingly pay any amount of money.
TFG? the fucking grapefruit? I have no idea what that acronym means.
Probably Trump Financial Group.
Possibly Tiny Flaccid Gimp
The Fucking Grifter
I like this acronym.
So
Many
Possibilities.
Also: The Foreign Goon; and, the Freaking Gonzo
I read it in a thread a while back, That Fucking Guy.
...the former guy...
A judgement is a judgement.
We also live in a world where having enough money allows one to rewrite the rules as they go.
Yeah it's becoming pretty clear this nerd doesn't have any money
Yeah, he has been coasting by on class solidarity and an army of rabid idiots for a while now.
Nerd? I can't tell if you're 12 or 70. We took back that term and Dump is anything but a nerd.