Donald Trump indicted by New York Attorney General for fraud – Times of India

0
13


NEW YORK: Donald trump card was charged Wednesday with fraud by the New York State Attorney General, who has been conducting a civil investigation into the former US president’s business practices for more than three years, court records show.
A copy of the complaint was not immediately available. The lawsuit was filed in a New York state court in Manhattan.
The investigation by Attorney General Letitia James has focused on whether the Trump Organization misrepresented the value of its real estate in order to obtain favorable loans and tax breaks.
James was expected to make an announcement at 11:30 a.m. EDT (1530 GMT). She has said the investigation has revealed “important evidence” that Trump and the company fraudulently valued many of his assets.
The Republican former president denies any wrongdoing and described James’s investigation as a politically motivated witch hunt. James is a Democrat. The Trump Organization has called James’s allegations “baseless.”





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here