Donald Trump owes $87K daily interest on historic fraud penalties

February 21, 2024

Every morning Donald Trump wakes up, he now owes another $87,500 in interest on the massive legal penalties he received last week. On an annual basis, the interest alone puts a $32 million dent in Trump’s pocket, according to calculations by The Associated Press. Engoron found Trump and his crew liable on the top fraud claim before the monthslong trial even started. The clock on the interest owed began the day the AG started investigating Trump, March 2, 2019, Engoron noted. The penalties have enraged Trump, who’s cited his legal woes to rally his diehard supporters.