"...It Sure Looks Like Trump Can’t Pay the Bond in His Fraud Trial
Donald Trump has made a desperate, last minute gamble to delay paying the massive fraud judgment
Donald Trump’s lawyers have asked to postpone enforcement of his multimillion-dollar civil fraud fine, even as delay tactics cost the former president $87,500 a day.
Trump was fined $354 million on Friday for real estate-related financial fraud in New York state and temporarily banned from doing business in the state. Presiding Judge Arthur Engoron gave Trump 30 days to pay the fine. But Engoron also ordered Trump to pay pre-judgment interest dating back to March 2019, when New York Attorney General Letitia James first began investigating the Trump Organization.
James’s office calculated last week that, including interest, Trump owes more than $450 million. Trump can appeal the decision, but he has to pay the penalty in full first. And unfortunately for him, he accrues more interest every day..."