Former President Trump’s legal team has appealed a ruling from New York Judge Arthur Engoron’s finding him liable for more than $350 million in damages in the civil fraud case brought against him by New York Attorney General Letitia James.
With interest, the total amount Trump is currently on the hook for is just over $454 million, with post-judgment interest accruing at nearly $112,000 per day.
James’ case also targeted Trump’s family and the Trump Organization. Engoron ruled that Trump and defendants were liable for “persistent and repeated fraud,” “falsifying business records,” “issuing false financial statements,” “conspiracy to falsify false financial statements,” “insurance fraud,” and “conspiracy to commit insurance fraud.”
This is a developing story. Check back soon for updates.
