Trump Accused of Inflating Net Worth by Over $2 Billion, New York AG Claims

New York Attorney General Letitia James' office has alleged that former President Donald Trump consistently inflated his personal net worth to financial institutions, sometimes by as much as $2.2 billion in a single year. The allegations are part of a $250 million civil lawsuit filed against Trump, his children, and the Trump Organization. Prosecutors claim that Trump and his employees used financial statements to fraudulently inflate his net worth over a 10-year period, attracting favorable loan agreements. The court filing provides details of how Trump allegedly overstated the value of various assets, including properties, resulting in inflated net worth calculations. The civil trial is set to begin in October.