"Finalized $454 Million Judgment Against Trump Sets Stage for Appeal in Civil Fraud Case"

1 min read
Source: Yahoo News
"Finalized $454 Million Judgment Against Trump Sets Stage for Appeal in Civil Fraud Case"
Photo: Yahoo News
TL;DR Summary

A $454 million civil fraud judgment against Donald Trump has been finalized in New York, allowing the former president to begin the appeals process while accruing nearly $112,000 in daily post-judgment interest. The judgment, stemming from allegations that Trump inflated his wealth to secure loans, gives him 30 days to appeal and requires him to deposit funds or secure a bond for the total amount. New York Attorney General Letitia James has indicated plans to seize assets if Trump cannot cover the bill, though the appeal may delay collection. Trump's interest will now increase to $111,984 per day, with his co-defendants also facing daily charges until the penalty is paid.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

74%

427110 words

Want the full story? Read the original article

Read on Yahoo News