Donald Trump and co-defendants in his New York civil fraud case now owe more than $500 million after accruing over $114,000 in daily interest on a February 2024 judgment for "ill-gotten gains." Trump’s share of the debt exceeds $490 million. The case concerns accusations of manipulating asset valuations for favorable financial terms. It is under appeal, with a decision expected early this year. In separate cases, Trump also owes $88 million to E. Jean Carroll for sexual abuse and defamation liabilities, which he is appealing.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Donald Trump had co-defendants in his New York civil fraud case now more than $500 million
00:07after accruing over $114,000 in daily interest on a February 2024 judgment for ill-gotten gains.
00:15Trump's share of the debt exceeds $490 million. The case is centered on accusations of manipulating
00:21asset valuations for favorable financial terms and is under appeal with a decision expected
00:26early this year. In separate cases, Trump also owes $88 million to E. Jean Carroll
00:32for sexual abuse and defamation liabilities, which he is appealing.
00:35For all things money, visit Benzinga.com slash GSTV.