February 16, 2024

A New York judge Friday ordered Donald Trump to pay about $454 million in total penalties as part of his ruling in the former president's civil business fraud trial.

The staggering figure includes about $355 million in disgorgement, a term for returning ill-gotten gains, plus more than $98 million in pre-judgment interest that will accrue every day until it is paid, according to a spokesperson for the attorney general's office.

Manhattan Supreme Court Judge Arthur Engoron also barred Trump from running a business in New York for three years.

Read more:

https://www.cnbc.com/2024/02/16/trump-fraud-trial-judge-engoron-verdict-ny-ag-business-case.html