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:

  • uphillbothways@kbin.social
    link
    fedilink
    arrow-up
    44
    ·
    9 months ago

    Of course not. Rich people are fucking weasels. How do you think they get rich? They weasel the system. They weasel the profits of other people’s productivity. They leave death and chaos in their wake. They lie, cheat, steal and rewrite the rules to suit them.