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:
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Yes. Bonds are not refundable .
Each appeal brings less wiggle room.
He’s already paid the 5 million from the initial settlement, his lawyers know that he can’t keep running away forever.
It’s a civil suit, he’s not getting remanded into anything.
New York will auction off everything he owns first.