In a ruling for a large-scale fraud trial, Donald Trump has been instructed to pay over $350 million.
Register for the daily Inside Washington email to receive exclusive coverage and analysis of the US delivered to your email.
Receive our complimentary email newsletter, Inside Washington.
Over the weekend, Donald Trump made an appearance at “Sneaker Con” in Philadelphia, Pennsylvania to release a new collection of high-top sneakers with his own branding. This event took place as he gets closer to securing the Republican nomination.
At the Philadelphia Convention Center, the ex-president of the United States received both negative and positive reactions from the crowd as he revealed his new line of shoes featuring a “T” logo and American flag design. These shoes, named “Never Surrender High-Tops,” are being sold for $399 on a recently launched website alongside other Trump-branded items such as “Victory47” cologne and perfume priced at $99 per bottle.
Donald Trump attempted to obtain money quickly following a negative ruling from New York Justice Arthur Engoron in his civil fraud case on Friday. The leading Republican candidate for president, along with his company and associates, were directed to pay nearly $355 million in fines, and with interest, the total amount comes to $463.9 million. Additionally, they were given a three-year prohibition on conducting business in the state due to their involvement in inflating asset values in order to obtain favorable loans from banks.
President Trump has expressed anger towards the ruling and has promised to challenge it.
Last month, he was instructed to pay an additional $83.3 million in defamation damages to E Jean Carroll, and the episode depicted this.
Will Trump be required to pay his massive legal debts of over $500 million?
Following a court ruling in New York, Trump and his businesses have been instructed to pay fines totaling nearly $355 million, along with accruing interest. This recent verdict could result in the Republican’s legal liabilities surpassing $500 million.
The severe punishment was issued shortly after he was directed to give $83.3 million to E Jean Carroll as compensation for harming her reputation following her allegations of sexual assault against him.
In a previous trial, a different jury granted Carroll $5 million from Trump for charges of sexual abuse and slander.
Additionally, when taking into account interest payments, the judgments have the potential to severely impact the remaining personal wealth that is integral to Trump’s political appeal.
He has strongly denied any wrongdoing and has promised to appeal, which could potentially be a lengthy process lasting several months or even years.
Currently, we have information regarding the amount of money that Trump is obligated to pay and the possibility of him actually making those payments. Additionally, we are aware of what steps will be taken in the future.
At the rally over the weekend, Trump made a string of concerning mistakes.
This past weekend, President Trump held a rally in Waterford Township, Michigan. During the event, he expressed dissatisfaction with the outcome of his fraud trial in New York, stating, “The judge imposed a $355 million fine on me for simply doing everything correctly!” He also reiterated his denial of ever meeting E Jean Carroll.
He also made a jest about President Biden using cocaine in the White House, mocking his successor’s lack of energy.
The previous idea of “cognitive decline” was disproven when Trump exhibited a series of nonsensical remarks and strange mistakes. This should make anyone considering voting for him in November seriously reconsider, especially in light of the Capitol riot, double impeachment, numerous criminal charges, legal losses, and sexual assault ruling against him.
After Haley rejects endorsing him as the Republican nominee, Trump becomes angry and criticizes her on his social media platform, Truth Social.
Trump has reacted furiously after his last remaining rival for the Republican nomination, Nikki Haley, declined to say she would endorse him during a Fox News town hall event in her native South Carolina, although she did say she would pardon him if she became president.
The Orange One became furious and called her “stupid” on Truth Social, posting several polls to show his supposed superiority over her before the crucial Palmetto State primary on Saturday.
Instead, Trump spent his evening complaining like a defeated person about his legal troubles and insisting on “presidential immunity” similar to Putin’s in all capital letters.
John Bowden is discussing Haley’s criticism of Trump regarding that specific comparison.
In a recent poll, Trump was voted as the worst president in the history of America.
According to the 2024 Presidential Greatness Project Expert Survey, conducted from November 15th to December 31st of last year, Abraham Lincoln was ranked as the greatest president. He was followed by Franklin D. Roosevelt, George Washington, Theodore Roosevelt, and Thomas Jefferson.
Unfortunately for Trump, Barack Obama ranked seventh and Joe Biden ranked a decent 14th, while the Republican was at the bottom of the list, below James Buchanan (44th), Andrew Johnson (43rd), Franklin Pierce (42nd), and William Henry Harrison (41st).
Too funny.
Trump’s golden high-tops selling for thousands online
An efficient search on eBay displays a set of Trump’s shoes, as he urgently tries to raise the $500 million (and rising) required to pay for his recent legal troubles. These shoes are currently being sold for nearly $5,000.
The most recent effort by Trump to profit from his notoriety? Shiny gold high-top sneakers.
The ex-president introduced his latest collection of “Never Give Up” high-top sneakers at SneakerCon in Philadelphia, Pennsylvania, on Saturday.
At the event, Trump received audible boos but one attendee still managed to leave with a signed pair after spending a hefty $9,000.
Although they may seem inexpensive, the golden shoes usually have a steep cost of $399, but have been resold for significantly higher prices online.
Mike Bedigan has shared further thoughts on the most recent actions of President Trump.desperate grift
Exploration of the fashion industry.
and punishments
Don Jr. and Eric Trump will be subject to their own penalties and consequences.
Donald Trump Jr and his sibling, Eric Trump, have been directed to pay a combined amount of over $8 million due to the deceitful financial transactions of their father’s extensive property enterprise.
On Friday, a court in New York held former president Donald Trump and his Trump Organization responsible for nearly $464 million. This amount includes $364 million in surrendered profits and $100 million in interest up to this point.
The company was accused by prosecutors of significantly exaggerating Mr Trump’s financial worth and possessions in papers given to banks and lenders in order to obtain better financing deals for his high-profile properties.
Io Dodds has the information.
Truck drivers who support Trump are choosing not to transport goods to New York City following a $350 million ruling for fraud.
Truck drivers who support former president Donald Trump have voiced that they won’t be driving to New York City to underscore their disappointment with the civil fraud judgment that fined Mr Trump more than $350m.
The hashtag “Boycott NYC” was popular on X, with over 13,000 posts referencing the phrase.
Please refer to Kelly Rissman’s complete article for further details.
David Tennant made jokes about Trump during his opening monologue at the 2024 Baftas.
In his opening monologue at the 2024 Baftas, David Tennant made jokes regarding Trump.
Source: independent.co.uk
