Judgment in Trump civil fraud case officially entered at $464 million
A clerk in New York has officially entered a more than $464 million fraud judgment against former President Donald Trump and top executives at his company — an amount that will grow by over $114,000 a day until it's paid.
A clerk in New York has officially entered a more than $464 million fraud judgment against former President Donald Trump and top executives at his company — an amount that will grow by over $114,000 a day until it's paid.
The action starts the clock on the amount of time Trump has to file an appeal and to post a bond for the award. If he does not do so, New York Attorney General Letitia James' office will be able to begin collection proceedings against Trump and his co-defendants in the civil fraud case.
Former President Donald Trump speaks as he leaves the courtroom for a break during his civil fraud trial at New York Supreme Court on January 11, 2024.Michael M. Santiago / Getty Images fileThe vast majority of the $464,576,230.62 judgment — $454,156,783.05 of it, to be exact — is against Trump and his companies. The interest on the judgment against Trump will increase at a daily rate of $111,983.86 until it's paid off, according to the AG's office.
The rest of the judgment is against his sons Donald Trump Jr. and Eric Trump, who've been running the Trump Organization since 2017, and former top executives Allen Weisselberg and Jeff McConney.
The amount includes the prejudgment interest that's accrued on the more than $350 million award Judge Arthur Engoron handed down last week.
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