New York may seize Trump's assets for $450M penalty

The former president likely owes $600 million from two civil judgments in New York

Donald Trump sells shoes
If Former President Donald Trump "does not have funds to pay off the judgment," his assets may be seized
(Image credit: Chip Somodevilla / Getty Images)

What happened?

Former President Donald Trump likely owes $600 million from two civil judgments in New York: $355 million in disgorgement for ill-gotten profits, about $100 million in interest plus another $87,500 for every day he doesn't pay, and $83.3 million in defamation damages to writer E. Jean Carroll.

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