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Trump and his family sued in New York
Trump and his family sued in New York over acts of fraud and misrepresentation
Trump and his family sued in New York, over allegations of fraud and misrepresentation.
Attorney General Letitia James, a Democrat, is seeking $250 million from defendants Trump, Donald Trump Jr., Eric Trump and Ivanka Trump.
James alleges they committed numerous acts of fraud and misrepresentation. She also claims they inflated the value of their properties to to secure large loans and tax benefits.
The sweeping lawsuit says the fraud stretched over a decade and James is on a mission to hold them accountable.
James said the conduct “cannot be brushed aside and dismissed as some sort of good-faith mistake.”
“The statements of financial condition were greatly exaggerated, grossly inflated, objectively false, and therefore fraudulent and illegal. As a result of that, we are seeking relief, and Mr. Trump, the Trump Organisation, his family – they should all be held accountable,” James added.
On top of the damages, James wants Trump and his children banned from serving as the directors of the business.
She is also calling for the Trump organisation’s corporate certificate to be cancelled. This would mean the end of the company in New York.
Trump’s attorney has responded to the claims saying the lawsuit is not based on any facts, just political agenda.
Attorney Alina Habba realesed a statement.
It states “today’s filing is neither focused on the facts nor the law – rather, it is solely focused on advancing the Attorney General’s political agenda. It is abundantly clear that the Attorney General’s Office has exceeded its statutory authority by prying into transactions where absolutely no wrongdoing has taken place.”
