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That penalty came days after Trump was ordered to pay $83.3 million to the writer E. Jean Carroll for damaging her reputation after she accused him of sexual assault.
The $350M is low since it’s only a loss recovery. Effectively a low interest loan.
Triple damages are more in line to dissuade fraudsters from fraudding.
Well now he has been found liable, there is a possibility for financial institutions to file suit if they feel they had damages.
They will probably wait for the election cycle to be over. If he is not elected… he might have some banks that would like to discuss missed payments.