"Trump Faces Mounting Financial Pressure as Interest on NY Fraud Judgment Soars"

1 min read
Source: Business Insider
"Trump Faces Mounting Financial Pressure as Interest on NY Fraud Judgment Soars"
Photo: Business Insider
TL;DR Summary

Following a fraud trial judgment, Donald Trump's debt to New York state has increased by $111,984 in interest per day, reaching a total of $455 million. His interest will continue to accrue, adding $1 million every nine days, as he pursues an appeal. Trump's co-defendants, including his sons and former Trump Organization CEO, also face rising interest on their penalties. The judgment has been criticized by Trump's defense team, while the attorney general's office sees it as a significant victory for New York's marketplace and the rule of law.

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