Lawsuit accuses the former US president, who has denied wrongdoing, of “numerous acts of fraud and misrepresentation.”
The New York State Attorney General has filed a lawsuit against Donald Trump, accusing the former US president of unlawfully inflating his assets to obtain millions of dollars in loans and other benefits.
The lawsuit, filed Wednesday in a New York state court in Manhattan, accused the Trump Organization of committing “numerous acts of fraud and misrepresentation” in preparing Trump’s financial statements of the state’s financial condition. 2011 to 2021.
It also named the Trump Organization, the sons of former Presidents Donald Trump Jr. and Eric Trump, and his daughter Ivanka Trump as suspects.
With the help of his children, “Trump has illegally inflated and deflated his wealth by billions in various ways to obtain and meet loans, get insurance benefits and pay lower taxes,” New York Attorney General Letitia James said. on Twitter.
“Basically, he lied to get huge financial benefits for himself.”
The Republican former president has denied any wrongdoing and described James’ investigation into his business practices as a politically motivated witch hunt. The Trump Organization has called James’s allegations “baseless.”
More to follow.