As recounted in new reporting from CNN, Donald Trump Jr. and Eric Trump — adult sons of ex-President Donald Trump who were named alongside him in a fraud case from New York state Attorney General Letitia James — are facing millions of dollars apiece in financial penalties under a ruling from trial Judge Arthur Engoron.
“The sons were each ordered to pay $4 million back in gains they improperly received because of the fraud,” the news outlet explained. Engoron’s decision also includes restrictions on both the younger Trumps and their father holding leadership roles in New York businesses. Though the Trump team already filed a notice of intentions to appeal, more was required to actually put enforcement of the judgment on hold, meaning pause the process that could culminate with James seeking a seizure of the Trumps’ assets. The former president — facing financial penalties substantially larger than his sons — would need to produce a bond or secure a judge’s decision to alter the requirements.
James already said that she is prepared to pursue asset seizure to cover the extensive penalties. The older Trump’s costs soared into the hundreds of millions of dollars under the terms of Engoron’s decision, nearing a total of half a billion when including interest. The costs include over $126 million in penalties stemming just from the sale of what had been the Trump hotel operating in Washington, D.C., during Trump’s presidency, alongside an additional tens of millions connected to the sale last year of a Trump golf operation on a New York City property owned by the local government, which previously tried pushing Trump out after the Capitol riot in 2021.
Trump, who continues his run for this year’s Republican presidential nomination, also faces nearly $90 million in penalties looming after civil proceedings on claims from writer E. Jean Carroll of defamation and sexual assault. Trump is trying to secure a delay on actually enforcing those penalties.
