Former President Donald Trump faces mounting financial penalties following a civil fraud case ruling that ordered him and his company to pay over $354 million, bringing his total civil fines to more than $440 million before interest. This ruling is part of a broader legal battle stemming from the Jan. 6 riot, with additional damages awards potentially on the horizon.
The New York Attorney General’s office calculated the total amount owed, including interest, at $453.5 million. Trump had previously been ordered to pay $88.3 million in separate civil cases, including one brought by writer E. Jean Carroll.
Despite these fines, Trump still faces multiple civil lawsuits seeking to hold him accountable for the Jan. 6 riot. These cases, consolidated in court, are brought by Democratic lawmakers and Capitol police officers. Recent court decisions have allowed these cases to move forward, rejecting Trump’s claim of presidential immunity.
Federal courts ruled that Trump’s alleged incitement of the rioters was not protected speech under the First Amendment and fell outside the scope of his official duties as president. Trump did not appeal the recent rulings to the Supreme Court, but there is still a possibility of further appeals in the future.
The lawsuits do not specify the exact damages sought, so it remains uncertain how much Trump could ultimately be ordered to pay. A hearing for the Jan. 6 civil cases is scheduled for February 23, with the timeline for these legal proceedings still unclear.
In the recent civil fraud case ruling, New York Judge Arthur Engoron held Trump and his co-defendants broadly liable for fraudulently misstating the value of their assets to obtain favorable business deals. Engoron ordered Trump’s sons to pay approximately $4 million each plus interest, while the former Trump Organization CFO has to pay $1 million. Trump has denied any wrongdoing, calling the case a “witch hunt,” but Engoron stated that the defendants’ refusal to acknowledge false valuations “borders on pathological.”
Trump has also denied the allegations in the civil Jan. 6 lawsuits, accusing Democratic lawmakers of attempting to undermine the First Amendment. He has continued to assert that ex-presidents have “absolute immunity,” a claim rejected by the courts.
The financial penalties raise questions about how Trump will pay for the judgments against him, especially since his net worth is estimated at $2.6 billion, including $426 million in cash and liquid assets. The legal battles against Trump and his allies are significant, as they seek to hold them accountable under the Ku Klux Klan Act and other laws for their roles in the Jan. 6 riot.
These lawsuits, initiated in 2021 in the aftermath of the riot, aim to hold Trump and his allies accountable for the attack. While some defendants, like Rudy Giuliani and Donald Trump Jr., have been dismissed from the litigation, others, including the Oath Keepers and Proud Boys leader Enrico Tarrio, remain defendants in the ongoing legal battles.
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