A New York civil fraud judgment against Donald Trump and co-defendants surpassed $500 million in late December, accumulating over $114,000 in daily interest. This massive debt, stemming from a judge’s finding of manipulated financial statements to secure favorable loans and insurance, is currently under appeal. Trump personally owes approximately $490 million, a sum exceeding the combined 2025 budget proposals for Albany and New Rochelle. While the appeals court’s decision is pending, interest continues to accrue, adding to the substantial financial liability.
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A New York judge rejected Donald Trump’s claim of presidential immunity in his 34 felony conviction, ruling that the actions were personal and not related to his official duties. The judge’s decision, a significant interpretation of Supreme Court precedent, affirmed the conviction based on overwhelming evidence of guilt. Trump’s legal team plans to appeal, leveraging his recent election victory and exploring other strategies to overturn the verdict. These strategies include citing laws regarding presidential transitions and the Justice Department’s policy on prosecuting sitting presidents.
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Judge Juan Merchan rejected Donald Trump’s motion to dismiss his hush-money conviction, finding the Supreme Court’s presidential immunity ruling inapplicable. Merchan determined the evidence presented related to Trump’s unofficial conduct, not his official acts as president, thus warranting no immunity. The judge deemed any potential evidentiary errors harmless given the overwhelming evidence of guilt. While a motion alleging juror misconduct remains unfiled, Trump’s legal team is expected to appeal the decision, potentially delaying sentencing for months or years.
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I couldn’t help but feel a mixture of disbelief and slight amusement when I first heard that Donald Trump was appealing the $454 million judgment in the New York civil fraud case. It almost feels like a never-ending saga, with each new development adding another layer of intrigue to an already convoluted situation.
Trump’s lawyers have certainly made a bold move by submitting a factual appeal without posting the bond required for the process to move forward. The fact that they are attempting to challenge the case on the grounds of a misapplied law and an expired statute of limitations adds another twist to the narrative.… Continue reading
John Q. Hosedrinker