Following a comprehensive three-year investigation by my office, including Witnesses interviews with more than 65 Witnesses and review of millions of …
NY Attorney General Announces Civil Lawsuit Against Trump
New York Attorney General Letitia James on Wednesday announced a civil lawsuit against former president Donald Trump, three of his children, and others. Among the allegations, the lawsuit claims Trump, his family, and members of the Trump Organization engaged in fraud to inflate the value of Trump’s properties and his net worth. Keep reading to learn more about this lawsuit.
NY AG Suing Trump, Three of His Children
James announced her $250 million civil lawsuit against Trump for “violating the law as part of his efforts to generate profits” and named three of his children as defendants. Read more about some of the Trump family's alleged crimes below.
The suit accuses Trump and his firm of "persistent and repeated business fraud." For 20 years, Donald Trump and his family enriched themselves through …
We show that they violated several state criminal laws. Including falsifying business records. Issuing false financial statements. Insurance fraud …
As a result of these violations, we are asking the court to among other things. Permanently bar, mr. Trump Donald Trump jr. Ivanka Trump, Eric Trump …
A Call to Ban Trump from Doing Business in NY
James called for New York to “permanently prohibit any of [Trump’s] companies from doing business in the state.”
To cancel any certificate filed under and by virtue of the provisions of section. 130 of the general business law for the corporate entities named as …
AG: Mar-a-Lago Revenue Valuations Were Inflated
James alleged Trump and others inflated the revenue valuations of his estate, Mar-a-Lago: “[Mar-a-Lago] generated average revenues of less than $25 million and should’ve been valued at about $75 million. However, Mar-a-Lago was valued as high as $739 million.”
The club generated annual revenues of less than 25 million dollars and should have been valued at more than valued at about 75 million dollars. …
AG: Trump Inflated Value of His Assets
Furthermore, James claimed Trump inflated the value of his assets "by whatever means necessary" to increase his net worth: "We uncovered more than 200 examples of false and misleading evaluations that were used on his statements."
All told we uncovered more than 200 examples of false and misleading asset valuations that were used on his statements, the pattern of Fraud and …
Possible Criminal Charges?
While James’ lawsuit is a civil one, the state attorney general confirmed her office will share her investigation's findings to offices that could bring criminal charges against Trump.
As you know, these allegations are at least three years old, that's the origin of your investigation, the doj and IRS have had access to the same …