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'A lot of money': Trump owes $87K in interest per day until he pays the fine in his civil fraud case (abcnews.go.com)

submitted 7 months ago by [email protected] to c/[email protected]

309 comments fedilink hide all child comments

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.

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[–] [email protected] 1 points 7 months ago

All they can do (and have, of course, done repeatedly) is say “but there’s evidence of criminal conduct there”, but the decision of whether or not to investigate and bring charges is up to the AG, who despite calling himself an independent, doesn’t seem particularly keen on pursuing any investigation that could potentially harm the image of the Democrat party or the sitting president, especially not in an election year.

If that were true they could just publicly release the evidence. Show the world how the strong the evidence is, shaming the Democrats and AG for not perusing it, and revealing how blatantly partisan they are. It would be a slam dunk for Republicans for public opinion and discrediting corruption. So why don't they do it? Could it be because their "evidence" isn't any stronger than the "mountains of evidence" Trump has about the 2020 election being stolen that he's going to release "any day now"*?.

No, I don’t, and I don’t follow politics closely enough to say I never miss anything, so could you please provide me a link on that?

Of course. You are very concerned about Hunter Biden and have very strong opinions about his "case", despite not following politics closely enough to be aware of him stating repeatedly that he'd be willing to show up for a public hearing, and even showed up to Capital Hill to answer questions:

“Here I am, Mr. Chairman, taking up your offer when you said we can bring these people in for depositions or committee hearings, whichever they choose. Well, I’ve chosen. I’m here to testify in a public hearing today to answer any of the committee’s legitimate questions,” Hunter Biden said at a press conference near the Capitol.

https://www.politico.com/news/2023/12/13/hunter-biden-appearance-capitol-hill-testimony-00131508

(by the way, in order to "provide you a link" I literally just copied the sentence you quoted into a google search and clicked the first link. Seems like something you trivially could have done on your own if you wanted more information on this topic you are so very concerned about.)

If Democrats are, as you claim, better at doing justice, show me the evidence of Democrats having been brought to trial and indicted by Democrats, unless you also want to claim that Democrats simply don’t do any crime.

Oh, I know this one! It's called the Gish-gallop: You make a bunch of unsubstantiated claims, provide no source, and insist each and every one of them are true. Then expect me to do the actual research to rebut each and every one of them, and then you pick the weakest rebuttal, or the single one I miss, and use that to declare everything you've claimed to be true. I'm not going to waste a lot of time on this when you spent none making an argument. Again, trivial for you to research yourself: I typed "Democrat being brought to trial" into google and this is the first result: https://www.cbc.ca/news/world/us-indictment-bob-menendez-1.6975326

I’m afraid that “no charges have been brought” is not a good enough indicator of whether or not a law has been broken or a crime has occurred.

Again: How about "No evidence has been presented"? For 4 years we've been told the 2020 election was stolen, and they had all this evidence, but for some reason none of it has ever been made public or brought to court. This is more of the same and is reaching "girlfriend in Canada" levels of "We totally have it, you just can't see it or know any details about it, but it definitely exists."