New York Attorney General Letitia James has been live tweeting the daily interest accumulating on Donald Trump's $464 million fraud judgment. The interest accrues at 9% per day on Trump's portion of the judgment, which amounts to over $114,000 in additional costs daily. James tweeted the exact daily interest amount the day after the judgment was approved. Trump's legal team has filed an appeal, but he would need to post a bond to stop collections while the appeal is pending. James has said she is prepared to seize Trump's assets to ensure the judgment is paid.
Category
🗞
NewsTranscript
00:00 It's Benzinga and here's what's on the block.
00:02 New York Attorney General Letitia James has been live tweeting the daily interest
00:06 accumulating on Donald Trump's $464 million fraud judgment.
00:09 The interest is accruing at 9% per day on Trump's portion of the judgment,
00:12 which amounts to over $114,000 in additional costs daily.
00:16 James tweeted the exact daily interest amount the day after the judgment was approved.
00:20 Trump's legal team has filed an appeal,
00:21 but he would need to post a bond to stop collections while the appeal is pending.
00:25 James has said she's prepared to seize Trump's assets to ensure the judgment is paid.
00:28 The judgment came after a three-year investigation and trial that found Trump inflated his assets.
00:32 For all things money, visit Benzinga.com.