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Trump Could Owe More Than $400 Million After Court Rulings This Week—Here’s What To Know About His Finances
A jury ordered former President Donald Trump to pay $83.3 million to writer E. Jean Carroll on Friday, ahead of an anticipated verdict in his civil fraud trial that could sentence him to pay out $370 million as soon as this week—potentially dealing a significant blow to the billionaire’s finances.
https://www.forbes.com/sites/alisondurkee/2024/01/29/trump-could-owe-more-than-400-million-after-court-rulings-this-week-heres-what-to-know-about-his-finances/?sh=4ccccae167dc
Trump was ordered to pay Carroll for defaming her in 2019 after she accused him of sexually assaulting her decades earlier, with a jury ruling he must pay $18.3 million in compensatory damages for the statements, plus an additional $65 million in punitive damages meant to deter him from defaming her again in the future.
New York state Judge Arthur Engoron could issue a verdict this week in the New York attorney general’s civil case accusing Trump and his business associates of fraudulently inflating valuations on financial statements for personal gain, in which attorney general Letitia James wants Engoron to order Trump and his co-defendants to pay $370 million plus interest.
A jury ordered former President Donald Trump to pay $83.3 million to writer E. Jean Carroll on Friday, ahead of an anticipated verdict in his civil fraud trial that could sentence him to pay out $370 million as soon as this week—potentially dealing a significant blow to the billionaire’s finances.
https://www.forbes.com/sites/alisondurkee/2024/01/29/trump-could-owe-more-than-400-million-after-court-rulings-this-week-heres-what-to-know-about-his-finances/?sh=4ccccae167dc
Trump was ordered to pay Carroll for defaming her in 2019 after she accused him of sexually assaulting her decades earlier, with a jury ruling he must pay $18.3 million in compensatory damages for the statements, plus an additional $65 million in punitive damages meant to deter him from defaming her again in the future.
New York state Judge Arthur Engoron could issue a verdict this week in the New York attorney general’s civil case accusing Trump and his business associates of fraudulently inflating valuations on financial statements for personal gain, in which attorney general Letitia James wants Engoron to order Trump and his co-defendants to pay $370 million plus interest.
