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Trump Faces Over $400 Million in Legal Penalties Amid Financial Scrutiny

Former President Donald Trump's financial resilience is tested as civil verdicts and legal challenges threaten to impose significant financial burdens.

Former President Donald Trump departs Trump Tower on Jan. 16, 2024.
Former President Donald Trump leaves the Trump Building in lower Manhattan, Jan. 11, 2024, in New York after his civil fraud trial concluded.

Overview

  • Trump could soon face over $400 million in legal penalties from civil verdicts, including a recent $83 million award in the E. Jean Carroll defamation case.
  • New York Attorney General Letitia James seeks $370 million in damages against Trump for financial fraud, with a ruling expected soon.
  • Trump's legal strategy of delaying criminal trials appears to be working, but civil judgments could severely impact his finances.
  • Trump claims his brand is worth over $10 billion, but legal experts suggest the penalties could force asset liquidation or bankruptcy protection for his company.
  • Trump has been using political action committee funds to cover legal expenses, raising questions about the use of campaign money for personal judgments.