@cbsnews: President Trump's debt to New York from a civil fraud judgment passed $500 million on Tuesday, as interest continues to accrue while he appeals. The figure has been growing ever since a lengthy civil fraud trial ended with Trump, two of his sons and a former Trump Organization executive ordered to pay back $364 million in disgorgement for "ill-gotten gains" and $100 million more in interest dating back years. They appealed the February 2024 judgment but interest has continued to build, at a rate of more than $114,000 per day. The total for all defendants hit $500 million on Dec. 29. That figure is now nearly $512 million, and Trump's personal share — 98% of the total judgment — was at $500,070,167.42 on Tuesday morning, according to a spokesperson for New York Attorney General Letitia James, who brought the case against Trump and others. James's office has said the judgement reflects the size of Trump's profits from fraud. The defendants were accused of a multi-year scheme to cheat banks and insurers by inflating property valuations and estimates of Trump's wealth. #news #trump #ny #nyc #money
cbsnews
Region: US
Tuesday 08 April 2025 21:21:23 GMT
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kalebhorak :
How did we let this man get into office
2025-04-08 21:33:22
1408
Lo :
And this guy is in charge of our economy?!
2025-04-08 21:28:11
1266
Ryan :
Fake charges and conviction brought by a politically weaponized doj. Just ask any democrat which charge in particular offends them the most 😭🤣
2025-04-12 14:30:21
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2j.becktel :
If he wouldn’t have ran or been elected president none of these court cases would exist. Weaponization of the justice system is real.
2025-04-08 21:26:26
326
ᆞJᆞᆞEᆞᆞNᆞ ᆞXᆞ :
New York AND China should call to collect.
2025-04-08 21:50:41
617
@22seconds :
MAGA will defend this disgrace to the end. Uneducated filth.
2025-04-08 23:45:58
279
Daniel P :
Sham trial but ok!
2025-04-09 00:09:49
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blueskybrowneyes :
Trying to find "fraud & waste" money within the gov to pay off his fraud & wastes? 🤣😭
2025-04-08 22:30:40
579
HughJanus :
He’ll just continue to crash the market so his cronies can cash in and he’ll be swimming in money when he gets ridiculous real estate development contracts from said cronies after he leaves office.
2025-04-08 21:25:26
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Freethinker LLC :
any liberal or Trump hater commenting needs to watch the hearing from New York court of appeals. doesn't look good for the state is all I'm saying. if they don't overturn it, fed will
2025-04-08 21:55:25
7
CTdrives :
It’s going to get overturned. The banks even said they had no problem doing deals with him.
2025-04-08 21:42:41
86
Samdahlquist :
He can pay it with his trump coin profits
2025-04-08 21:36:23
152
Randy H :
That was a travesty what new york did to Trump. It was shameful, it actually cost the left an election, If they can do that to him, what can they do to you.
2025-04-08 21:58:50
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99999@9999@9999 :
This case is dead on appeal he will not owe a penny
2025-04-08 21:46:49
33
marcelsoulard976 :
Fake news again you will never stop to lie, démocrates Sataniste
2025-04-09 00:02:22
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Lil_monster2000 :
🤣 it’s going to get overturned and they will have to pay him back for his lawyers. Mayor Adams has switched sides because Biden put the DOJ on him when he spoke out about bussing illegals to NY.
2025-04-08 21:30:37
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John :
political activism from the bench. not good
2025-04-08 21:38:05
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Erik Ross :
CBS still editing tapes and lying to Americans on a daily basis? What a principled source of information. Only in America people still take this as news
2025-04-09 00:40:56
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ahardworkingamerican :
If Trump doesn’t win on appeal they can forfeit the interest. Because it wouldn’t be fair to pay interest during appeal. And he shouldn’t be required to pay judgement before an appeal.
2025-04-09 01:36:18
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Ck :
Dirty tariff deals will for sure be lining his pockets to help pay his own debt
2025-04-08 22:02:08
118
Michael Medcoff :
I’m still shocked that a Felon in America can’t own a gun but can be POTUS,even after being convicted of 34 felonies and found Guilty by a Jury of his peers,his Attorneys chose!Make sense of Nonsense!
2025-04-09 01:36:10
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JKidmo2 :
Won’t pay a cent, rigged case due to lawfare. The whole thing will be thrown out.
2025-04-08 22:55:28
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Edgar :
This dude is a menace
2025-04-08 23:29:27
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fraz :
This is what happens when someone muzzles up with a master Hacker and hacks into the treasury dept and countless other institutions. And you gonna tell me the election system wasn’t hacked?
2025-04-10 12:59:00
4
Juan Galt :
It looks pretty unusual, especially given the scale of financial dealings in New York, that Trump is the only one they went after. 🤔
2025-04-08 21:50:16
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