Being Donald Trump is getting even more expensive. The former president is a billionaire, but now he owes roughly $454 million (and counting, with more than $110,000 in interest accruing per day) to New York State after a judge found his companies guilty of repeated fraud. Trump also owes some $88 million to the writer E. Jean Carroll for sexual abuse and defamation verdicts against him.
About the Author
Douglas Lipsky is a co-founding partner of Lipsky Lowe LLP. He has extensive experience in all areas of employment law, including discrimination, sexual harassment, hostile work environment, retaliation, wrongful discharge, breach of contract, unpaid overtime, and unpaid tips. He also represents clients in complex wage and hour claims, including collective actions under the federal Fair Labor Standards Act and class actions under the laws of many different states. If you have questions about this article, contact Douglas today.