"NY Prosecutors Accuse Trump of Inflating Net Worth by $2.2B"
New York Attorney General Letitia James has accused former President Donald Trump of inflating his family's real estate empire's net worth by $2 billion, according to unsealed court filings. James alleges that Trump and his co-defendants engaged in rampant fraud by presenting grossly inflated asset values in financial filings and using them to defraud banks and insurers. The fraud allegedly overstated the worth of Trump's assets by up to 39%, including properties such as Trump-owned skyscrapers, golf courses, and Mar-a-Lago resort. The attorney general's office claims a pattern of fraud spanning a decade and seeks to bar the Trumps from future commercial real estate contracts and loans if found liable. Trump's lawyers have requested summary judgment dismissing the case, arguing that the claims are time-barred and lack authority.
- Trump inflated his net worth by $2B: NY prosecutors charge New York Daily News
- New York AG's office alleges Trump inflated his net worth by $2.2 billion CBS New York
- New York AG's office alleges Trump inflated his net worth by as much as $2.2 billion in 1 year CNN
- Trump Asks to Dismiss Suit as A.G. Says He Inflated Worth by $2.2 Billion The New York Times
- New York says Trump should be found liable for fraud, even before a trial Reuters
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