The staggering civil fraud judgment against Donald Trump was finalized in New York on Friday, making official a verdict that leaves the former president on the hook for more than $454 million in fines and interest.

The procedural step by the New York county clerk starts the clock on Trump’s appeals process, while allowing the debt to begin racking up post-judgment interest of nearly $112,000 each day, according to a spokesperson for New York Attorney General Letitia James, who brought the case.

In his Feb. 16 ruling, Judge Arthur Engoron ruled that Trump lied for years about his wealth in order to secure favorable loans and make deals that helped prop up his real estate empire. He was ordered to pay $354.9 million in penalties plus nearly $100 million in interest.

  • Rickety Thudds@lemmy.ca
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    7 months ago

    One more stately rotation of the wheels of justice. Moving right along, dugga dun dugga dun 🎶