The former federal judge responsible for overseeing the Trump Organization’s finances sent a letter to the judge overseeing the New York State civil fraud lawsuit after she flagged three transactions this year that violated court reporting requirements, Newsweek reports.
Former U.S. District Court Judge Barbara Jones told Judge Arthur Engoron that three transfers from the company to Donald Trump were made over the $5 million level that required reporting to the court to ensure the Trump family isn’t trying to hide assets. One of the payments, for $5.5 million, was made to an insurance company for the initial losses declared in the E. Jean Carroll defamation suit. Carroll was initially awarded $5 million in damages, but she is pursuing more damages based on Trump’s continuing to slander her. Another payment went to additional insurance policies.
The largest payment of the three was $27 million, which Jones noted was for taxes. In other news, Donald Trump apparently paid millions in taxes in 2023.