Trump Ordered to Pay Over $454 Million in New York Fraud Case
The judgment includes penalties against Trump's adult sons and a former executive, with interest accruing at over $100,000 per day.
- Donald Trump has been ordered to pay over $454 million in fines and interest in a New York civil fraud case, with the judgment including penalties against his adult sons and a former Trump Organization executive.
- Trump and his legal team have vowed to appeal the judgment, which accuses them of inflating asset values to secure better loan terms and insurance policies.
- The judgment bars Trump from leading any New York company for three years and imposes similar bans on his sons, Eric and Donald Trump Jr.
- Interest on the judgment is accruing at over $100,000 per day, raising concerns about Trump's ability to pay and the potential for asset seizure by New York Attorney General Letitia James.
- Speculation arises over potential financial assistance for Trump from foreign entities or billionaires, amid concerns about his liquid assets and the impact on his political future.