New York Attorney General Letitia James is suing former President Donald Trump, his three eldest sons and a group of companies, organizations and people associated with his real estate and licensing business after a three-year civil investigation into allegations of fraud.
“After a comprehensive three-year investigation by my office, including witness interviews with more than 65 witnesses and a review of millions of documents submitted by Mr Trump and others, I am announcing that today we are in the process of filing a lawsuit against Donald Trump over Civil suit: “Violates the law as part of his efforts to make profits for himself, his family, and his company.”
Ms James said the twice impeached former president had “fooled us all” by “wrongly inflating his net worth by billions of dollars to unfairly enrich himself and deceive the system”. She added that he did so with the help of his children, Donald Trump Jr, Ivanka Trump and Eric Trump, as well as former Trump Organization CEO Allen Wesselberg and Trump Organization observer.
“It wasn’t[the art of the deal]it was the art of stealing,” Ms James said, referring to Mr. Trump’s most famous book.
The complaint alleges that the former president, with the help of his sons Ivanka, Eric and Donald Trump Jr., made false statements in several files in an effort to obtain tax benefits and other benefits from insurance companies and financial institutions.
Ms James alleges that the Trump Organization and its representatives made more than 200 false and misleading assessments of its assets over a 10-year period from 2011 to 2021.
The lawsuit seeks to recover $250 million in lost revenue and penalties, as well as a judge’s order that would permanently prevent the Trumps from holding any offices with companies in the state.
The civil lawsuit against Mr. Trump, his family and his business is the latest legal challenge for the former president, who is currently facing criminal investigations by grand juries in several court rulings.
Mr. Trump has long criticized James and her office in countless public statements and has described their efforts – as well as those of other federal and state law enforcement – as politically motivated investigations designed only to harm him politically and to advance Mrs. James’s role. private profession.
The lawsuit comes just weeks before several Trump companies are due to go on trial for criminal tax violations in a Manhattan courtroom. Weisselberg, the former CFO of the Trump Organization, is expected to testify against his employer in accordance with plea agreements he reached to settle his criminal tax charges.
respond to the lawsuit, Donald Trump Jr tweeted “Bulls *** Democratic witch hunt continues.”