Trump's legal debts top a half-billion dollars. Will he have to pay?
Donald Trump’s legal debts might now exceed a half-billion dollars
NEW YORK (AP) — Donald Trump's legal debts might now exceed a half-billion dollars.
A New York judge ordered Trump and his companies Friday to pay $355 million in fines, plus interest, after ruling that he had manipulated his net worth in financial statements.
The stiff penalty comes just weeks after Trump was ordered to pay $83.3 million to the writer E. Jean Carroll for damaging her reputation after she accused him of sexual assault. A separate jury last year awarded Carroll $5 million from Trump for sexual abuse and defamation.
Add interest payments on top of that and the judgments could deal a staggering blow to the personal fortune that remains core to Trump's political appeal. He has adamantly denied wrongdoing and pledged to appeal, a process that could take months or even years.
