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Trump and his family sued in New York

Published

3 years ago

September 22, 2022

Holly Stearnes

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.”

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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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November 20, 2025

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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15 minutes ago

November 20, 2025

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

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With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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