New York AG Accuses Trump of Inflating Net Worth by $2.2 Billion
TL;DR
New York Attorney General Letitia James has accused former President Donald Trump of fraudulently overvaluing his properties by up to $2.2 billion over a decade. James seeks to bar Trump and his children from leading the Trump Organization and impose a fine of around $250 million. Trump's lawyers argue that the case should be thrown out, citing a recent appellate court decision. Both sides have filed for summary judgment, and a hearing is scheduled for late September. The lawsuit disputes the value of Trump's properties, including Mar-a-Lago and Trump Tower, and alleges fraudulent financial statements to obtain loans.
Topics:top-newslegalcriminal-justice#donald-trump#fraud#lawsuit#legalcriminal-justice#new-york-attorney-general#property-valuation
- Trump Inflated Property Values by Up to $2.2 Billion, New York A.G. Says The New York Times
- New York AG's office alleges Trump inflated his net worth by as much as $2.2 billion in 1 year CNN
- New York attorney general seeks immediate verdict in fraud lawsuit against Donald Trump Yahoo News
- Donald Trump 'grossly' exaggerated net worth - by as much as $2.2B in one year: NY AG New York Post
- Trump inflated his net worth by $2.2 billion, New York AG says in filing ABC News
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