US EditionPublished • loading... • Updated
'A lot of money': Trump owes $87K in interest per day until he pays the fine in his civil fraud case
- Former President Donald Trump owes additional post-judgment interest of $87,502 daily until he pays $354 million fine in civil fraud case.
- Trump's appeal will halt enforcement of ruling, but he must deposit funds or post bond to continue. Interest will accrue during appeal.
- Trump inflated net worth, resulting in fines of $354 million plus $100 million in pre-judgment interest. He plans to appeal the ruling.
Insights by Ground AI
12 Articles
12 Articles
Although Trump can appeal the ruling for fraud, he must first pay the million-dollar fine, so he launched a tennis line and a GoFundMe campaign seeks to raise funds to help the former president
abc 7 Chicago+7 Reposted by 7 other sources
'A lot of money': Trump owes $87K in interest per day until he pays the fine in his civil fraud case
Trump will continue to accrue interest on the fine during his lengthy appeal of Engoron's ruling, unless he deposits the full amount of the fine into an escrow account.
·Chicago, United States
Read Full Article
Trump owes $87.5K every day he doesn't pay $355M civil fraud fine: reports
Donald Trump owes nearly $90,000 for every day he doesn’t pay his $355 million civil fraud trial penalty, according to multiple new reportsJustice Arthur Engoron’s “devastating” judgment increases 9 percent every year until it is paid off, according to the New York Daily News. Tallies from Attorney ...
·United States
Read Full Article
Coverage Details
Total News Sources12
Leaning Left8Leaning Right0Center3Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
C 27%
Factuality
To view factuality data please Upgrade to Premium
