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Former US President Donald Trump sits before the New York State Supreme Court during the civil fraud trial against the Trump Organization in New York City, January 11, 2024.
CNN
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A New York judge on Friday formally ordered Donald Trump to pay $454 million, including interest, giving the former president a month to pay nearly $500 million to appeal his fraudulent judgment. It will be done.
The judgment, signed by Judge Arthur Engoron, found Trump, Donald Trump Jr., and Eric Trump liable for fraud in a civil lawsuit brought by New York Attorney General Letita James. It was published in the court docket on Friday, a week later.
Once Trump and others are sentenced, an appeal will begin within 30 days. During that period, President Trump will have to put up cash or post bonds to cover the $355 million plus about $100 million in additional interest he is ordered to pay. Each of his sons was ordered to repay $4 million in fraudulent benefits. The judge also barred the Trumps from serving as directors of any New York entity for several years.
Earlier on Friday, James posted on X, “Friday mood: No one is above the law.”
Representatives of the Trump Organization are facing leadership challenges as Trump campaigns for the Republican presidential nomination between court appearances and questions about who will run the company. Haven't answered.
Trump has vowed to appeal.
President Trump initially asked for the ruling to be delayed for 30 days, saying it would not adversely affect the New York attorney general's office and that the “seriousness” of the sentence would allow for an orderly process. The judge rejected the request, saying it did not explain or justify its reasons.
The judge notified both sides via email Thursday that he would sign a draft judgment drafted by the New York State Attorney General's Office.
“The proposed judgment accurately reflects the spirit and letter of the February 16 decision and order,” the judge wrote.
