Trump officially owes $455m plus $112,000 in daily interest in final fraud ruling

Court officials have formally approved a final judgment against Donald Trump and his co-defendants in a sprawling fraud case in New York.

The former president, his adult sons, two former Trump Organization executives and the entities associated with the brand-building properties in the Trump real estate empire are now on the hook for more than $464m.

A total judgment against Mr Trump is nearly $455m.

Post-judgment interest is accruing daily at the rate of 9 per cent per annum, or more than $114,000 for all defendants, including nearly $112,000 for Mr Trump alone.

This week, New York County Supreme Court Justice Arthur Engoron rejected requests from Mr Trump’s attorneys to delay the judgment, telling them in an email this week that there is “no room for further debate” and “no basis” to stall

“You have failed to explain, much less justify, any basis for a stay,” the judge wrote on Thursday. “I am confident that the Appellate Division will protect your appellate rights.”

The judge approved the terms of the final judgment, and a court clerk signed off on the document on Friday.

New York Attorney General Letitita James speaks to reporters on 16 February after winning a civil fraud case against Donald Trump.

Following a three-year investigation and 11 weeks of testimony in a closely watched trial in Manhattan, the judge’s 92-page ruling on 16 February finds Mr Trump, his sons Donald Trump Jr and Eric Trump, former Trump Organization executives Allen Weisselberg and Jeffrey McConney, and companies behind Mr Trump’s brand-building properties liable for falsely inflating his net worth and assets to secure favourable financing terms over a decade.

The defendants were also found liable for intentionally falsifying business