Trump's Inflated Net Worth Allegations: NY Attorney General's Claims
New York Attorney General Letitia James alleges that former President Donald Trump inflated his net worth by up to $2.2 billion, according to a filing in the state's civil fraud lawsuit. The filing claims that Trump and his companies manipulated the value of their assets, including golf clubs, residential properties, and commercial holdings, resulting in significant disparities in asset valuations. Prosecutors argue that the evidence warrants a partial summary judgment, asserting that Trump and the Trump Organization committed fraud by misrepresenting asset values to financial institutions. The lawsuit seeks $250 million in financial penalties and a ban on Trump and his family from running a business in the state.
- Trump Inflated Net Worth By Up to $2.2 Billion, N.Y. Attorney General Alleges Rolling Stone
- Trump inflated net worth by more than $2 billion in one year: N.Y. AG MSNBC
- Rambling Trump testimony made NY officials fear they'd be there 'until midnight' Business Insider
- Trump Asks to Dismiss Suit as A.G. Says He Inflated Worth by $2.2 Billion The New York Times
- 'The most honest person in the world': Hear who Trump was talking about CNN
Reading Insights
0
9
1 min
vs 2 min read
71%
371 → 109 words
Want the full story? Read the original article
Read on Rolling Stone