Former President Donald Trump owes an additional $87,502 in post-judgment interest every day until he pays the $354 million fine ordered by Judge Arthur Engoron in his civil fraud case, according to ABC News’ calculations based on the judge’s lengthy ruling in the case.
Judge Engoron on Friday fined Trump $354 million plus approximately $100 million in pre-judgment interest in the civil fraud case brought by New York Attorney General Letitia James, after he found that Trump and his adult sons had inflated Trump’s net worth in order to get more favorable loan terms. The former president has denied all wrongdoing and has said he will appeal.
Engoron ordered Trump to pay pre-judgment interest on each ill-gotten gain – with interest accruing based on the date of each transaction – as well as a 9% post-judgment interest rate once the court enters the judgment in the case.
So no proof the judge acted out of malice? Just more bullshit you made up? I’ll try to contain my surprise.
I don’t know if the judge did, but the AG likely acted out of malice. Just ask yourself who benefits from this ruling? As far as I can tell, the bank doesn’t even get any of the money, it all goes to the state. And the Democrat party, of which Letitia James is a member, gets to hurt a political rival in the upcoming federal elections at a critical time in their campaign.
Yes, I know that’s not proof, but there’s certainly motive.
So now you’re saying politicians should only be prosecuted by members of their own party. Go to a doctor, tell them your brain fell out, ask for help.
It’s not just the party affiliation, it’s also the timing.
Perhaps you should take your own advice there.
Why didn’t Trump just not break the law? Why is that too much to ask?