Donald Trump’s legal debts might now exceed a half-billion dollars

A New York judge ordered Trump and his companies Friday to pay $355 million in fines, plus interest, after ruling that he had manipulated his net worth in financial statements.

The stiff penalty comes just weeks after Trump was ordered to pay $83.3 million to the writer E. Jean Carroll for damaging her reputation after she accused him of sexual assault. A separate jury last year awarded Carroll $5 million from Trump for sexual abuse and defamation.

Add interest payments on top of that and the judgments could deal a staggering blow to the personal fortune that remains core to Trump’s political appeal. He has adamantly denied wrongdoing and pledged to appeal, a process that could take months or even years.

In the meantime, here’s what we know about what Trump owes, whether he’ll have to pay up, and what comes next:

  • hitmyspot
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    4 months ago

    And if all the money goes to pay for fines instead of ads, he loses and the criminal charges will come to bite. His whole plan is to get elected to buy time.

    • Varyk@sh.itjust.works
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      4 months ago

      Exactly. F*** that guy and I’m excited for him to lose again and then die, fingers crossed.

      • hitmyspot
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        4 months ago

        I’m more excited for him to lose, be jailed and watch the crumble of his horrible family. Then die knowing he was a hayed failure.

    • Starbuck@lemmy.world
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      4 months ago

      And if his following of dupes donate all their money to him, to cover his legal bills, there is much less for down-ballot races. Hopefully he sucks up everything the GOP has and squanders it.

      • hitmyspot
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        4 months ago

        Hopefully a circle of life situation where those trump has hurt benefit most from his followers donations.