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Trump Clemency Orders Erase $119 Million in Court-Ordered Restitution

An analysis of federal records shows second-term clemency orders have canceled over $119 million in victim restitution and nearly $120 million in fines.

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Published October 27, 2026 at 8:21 AM EDT

The short answer

An analysis of federal records shows second-term clemency orders have canceled over $119 million in victim restitution and nearly $120 million in fines. President Donald Trump’s second-term clemency orders have erased at least $119 million in unpaid restitution owed to crime victims, according to an investigation by CBS News.

Trump Clemency Orders Erase $119 Million in Court-Ordered Restitution

The Facts

Who
President Donald Trump, crime victims, and clemency recipients
What
Presidential clemency orders erasing restitution and fines
When
Between January 2025 and October 2026
Where
United States
Why
The clemency orders utilize executive authority to remit financial penalties, affecting the recovery of funds for private victims and the federal Crime Victims Fund.

President Donald Trump’s second-term clemency orders have erased at least $119 million in unpaid restitution owed to crime victims, according to an investigation by CBS News. The review of over 160 clemency orders issued between January 2025 and October 2026 found that these actions also canceled approximately $120 million in fines intended for the federal Crime Victims Fund.

Restitution is a court-ordered financial penalty paid directly to victims to compensate for losses from crimes such as fraud or embezzlement. Unlike fines, which go to government funds, restitution is designed to make victims whole. The $119 million figure excludes cases where restitution was sought by prosecutors but not yet ordered by a judge at the time of the pardon, such as the $660.8 million requested in the case of former Nikola CEO Trevor Milton.

Specific cases identified in court records include the commutation of Ozy Media founder Carlos Watson, which erased nearly $37 million in restitution. Another order for siblings Andres and Adriana Camberos canceled a $49 million debt owed to 19 companies, including Mars Wrigley and small firms like True Made Foods. White House officials described some of these sentences as "egregious" or "politically motivated," stating the president exercises his constitutional authority at his discretion.

The analysis by CBS News found that approximately 70% of Trump’s second-term clemency actions bypassed the Justice Department’s traditional pardon office. At least 18 recipients had ties to the White House, such as being represented by lawyers linked to the administration or having family members who donated to the president's reelection campaign. In one case, nursing home executive Joseph Schwartz recouped $5 million in previously paid restitution after his conviction was vacated following a pardon.

The scale of these pardons also impacts the Crime Victims Fund (CVF), which provides money to domestic violence shelters, rape crisis centers, and child abuse treatment programs. The fund relies on corporate fines for deposits; historically, two-thirds of deposits have come from only 90 cases. Organizations in states like Oklahoma have reported up to 80% reductions in funding over the last decade. A single canceled $100 million fine from the crypto exchange BitMEX in March 2025 represents revenue that helps support medical expenses and lost wages for victims served by VOCA-funded organizations.

The concrete day-to-day change for victims is the loss of legal mechanisms used to collect these debts, such as paycheck garnishments, tax refund seizures, or property liens, which are terminated by clemency grants. While victims retain the right to file civil lawsuits, legal experts note these are costly and time-consuming alternatives. Further challenges to asset seizures remain in the courts, including an appeal by Galanis for the return of $2 million in assets that a judge denied in June 2025.

Timeline of what happened

Key dates and decisions, in the order they occurred.

  1. January 1, 2025

    Trump begins issuing second-term clemency grants flouting traditional DOJ routes.

  2. March 1, 2025

    President pardons HDR Global Trading Limited, remitting a $100 million fine.

  3. March 1, 2025

    Trevor Milton receives a full pardon two weeks after a $660.8 million restitution request.

  4. March 1, 2025

    Jason Galanis and Devon Archer receive clemency, erasing $80 million in joint debt.

  5. June 1, 2025

    Federal judge denies Galanis' request to recoup $2 million in seized assets.

  6. November 1, 2025

    President pardons Joseph Schwartz; appeals court later vacates conviction.

  7. January 1, 2026

    Andres and Adriana Camberos receive clemency, erasing $49 million in restitution.

Summaries are written by The Plain Record to state the facts of a story plainly and without political slant. Drafted with AI assistance and checked against the source record before publication. See how we report, or report a correction.

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Questions readers ask

What happened: Trump Clemency Orders Erase $119 Million in Court-Ordered Restitution?

President Donald Trump’s second-term clemency orders have erased at least $119 million in unpaid restitution owed to crime victims, according to an investigation by CBS News. The review of over 160 clemency orders issued between January 2025 and October 2026 found that these actions also canceled approximately $120 million in fines intended for the federal Crime Victims Fund.

Who is involved?

President Donald Trump, crime victims, and clemency recipients

When did this happen?

Between January 2025 and October 2026

Where did this happen?

United States

Why does this matter?

The clemency orders utilize executive authority to remit financial penalties, affecting the recovery of funds for private victims and the federal Crime Victims Fund.