Trump Owes $112,000 for Every Day He Doesn’t Pay Fraud Fine (1)

Feb. 26, 2024, 7:50 PM UTC

Every day Donald Trump delays paying New York state’s $454 million civil verdict against him over his fraudulent asset valuations, the whopping fine is increasing by almost $112,000 in interest.

The amount, calculated by Attorney General Letitia James, will continue to be added even as the former president challenges the Feb. 16 verdict, a process he began on Monday morning by filing a notice of appeal in state court in Manhattan. His decision to challenge the verdict instead of paying it poses the risk that it could balloon during a drawn-out appeal.

The fine already includes $99 million ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.