this post was submitted on 17 Feb 2024
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politics

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NEW YORK — A seven-figure verdict, an eight-figure verdict and, now, a nine-figure verdict.

Donald Trump has been hit with all three in the past nine months, with Friday’s $354 million penalty for New York business fraud by far the most massive.

He is now on the hook for over $440 million in civil judgments as he heads toward the Republican nomination — and as he prepares for one or more criminal trials this year.

Those criminal cases could put him in jail. And in the meantime, his escalating troubles in his civil cases are packing a devastating financial punch.

Even for a man who claims to be a billionaire, $440 million is a potentially crippling amount of cash to turn over. Can Trump afford the judgments? When does he have to pay them? And what happens if he says he can’t — or if he outright refuses?

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[–] Got_Bent@lemmy.world 53 points 9 months ago

Jones hasn't paid

Rudy hasn't paid

What makes Trump different?

It truly feels like there are zero repercussions for simply ignoring court orders

Which then makes me wonder why any of these guys ever even bothered for showing up to court since they all seemed to know the outcome would be irrelevant in practice.

[–] SinningStromgald@lemmy.world 35 points 9 months ago (2 children)

Who cares? I hope he ends up in prison. Being penniless would just be icing.

[–] Rascabin@lemmy.ml 27 points 9 months ago

I care. I don't want this weasel to con his way into a way to be president again and somehow pardon himself. It seems like for politicians there is always a way.

[–] lolcatnip@reddthat.com 9 points 9 months ago (1 children)

I want him to a penniless, too. In a typical state prison, prisoners have to pay for even basic shit like hygiene supplies and snacks. It's barbaric and I want Trump to experience it.

[–] LastYearsPumpkin@feddit.ch 3 points 9 months ago (1 children)

He'd go on the news and talk about how nobody knew that's how prisoners were treated, and that he's the first person in history to understand how bad prison is.

After spending an overnight stay in county jail.

[–] ElleChaise@kbin.social 5 points 9 months ago

... And that's why I'm proud today to announce a newer, better solution; Trump private prisons. The biggest, best prisons, big beautiful prisons the likes of which, frankly... D'y'know we never had a prison like this before? It's unfathomable! It's really disgusting frankly, the way they claim this and that about the best prisons. That's why we've got to get rid of all this stuff standing in the way of doing what I think we... And we all know who I'm talking about here, don't we folks? It's a gigantic fraud and we've got to do something about it before it's too late, cause they're coming for the private prisons, and they're coming for your freedom, and we're not gonna let them, are we? Beautiful. Beautiful.

[–] dhork@lemmy.world 15 points 9 months ago

The RNC is going to pay. Why else did he put a Trump in charge of it? It sucks for all the other Republicans who want RNC money, but they all have their PACs now anyway.

[–] kill_dash_nine@lemm.ee 9 points 9 months ago (1 children)

I really don’t want a president, any president, with that sort of debt that they owe because I don’t trust them to not do unethical things to get rid of the debt.

[–] very_well_lost@lemmy.world 1 points 9 months ago

Being in debt can make it very difficult (if not impossible) to get national security clearance for that very reason.

Unfortunately, the President's clearance is automatic and absolute...

[–] MisterCrisper@lemmy.world 9 points 9 months ago

I wouldn't be surprised if the Saudis pay his bills. Especially if they think that by helping out he might be able to win the election. In fact, owning the president of the US for only 500m USD seems like it could be worth it to many nefarious characters. The Saudis didn't seem to have a problem doing a billion dollar deal with his son in law.

[–] sunbytes@lemmy.world 4 points 9 months ago (1 children)

Headline is misleading. Article doesn't say what happens if he doesn't pay.

Which is his most favoured strategy.

So I'd really like to know.

[–] DevCat@lemmy.world 7 points 9 months ago

The article clearly states:

In the civil fraud case, which is in New York state court, if Trump can’t post the funds or get a bond, then the judgment would take effect immediately and a sheriff could begin seizing Trump’s assets.

[–] WeirdGoesPro@lemmy.dbzer0.com 3 points 9 months ago

Here’s a link without their annoying cookie options:

https://archive.is/u2XGK

[–] Bwaz@lemmy.world 1 points 9 months ago* (last edited 9 months ago) (1 children)

Truly: how are such judgements supposed to be enforced?? Dock his pay?

[–] DevCat@lemmy.world 4 points 9 months ago

In the civil fraud case, which is in New York state court, if Trump can’t post the funds or get a bond, then the judgment would take effect immediately and a sheriff could begin seizing Trump’s assets.