Story perspectives

Trump Pardons Save $113 Million, Victim Fund Allocations Drop

4/17/2026

Summary

Story summary

U.S. President Donald Trump has pardoned individuals and entities in his second term, remitting at least $113 million in fines from the Crime Victims Fund, per The Trace.
HDR Global Trading Limited was pardoned, avoiding a $100 million money-laundering fine.
Allocations from the Crime Victims Fund declined from $3.7 billion in 2021 to $2.2 billion in 2024, reducing support for victim services.

History

Historical Context

In 2014, California voters passed Proposition 47, reclassifying certain felonies as misdemeanors to reduce prison overcrowding and redirect funds to victim services. However, by 2024, funding for these services dropped to $2.2 billion, raising concerns about the effectiveness of victim support. This decline coincided with the controversial pardons issued by President Donald Trump, highlighting tensions between financial penalties and victim assistance.

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Story summary

U.S. President Donald Trump has pardoned individuals and entities in his second term, remitting at least $113 million in fines from the Crime Victims Fund, per The Trace.
HDR Global Trading Limited was pardoned, avoiding a $100 million money-laundering fine.
Allocations from the Crime Victims Fund declined from $3.7 billion in 2021 to $2.2 billion in 2024, reducing support for victim services.

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