BREAKING: New York AG Letitia James announces fraud lawsuit against Trump and children.
The New York Attorney General announced a lawsuit against Donald Trump and his children for fraudulent business practices , his children, and his business partners at the Trump Organization.
The Attorney General said by inflating the value of his assets, Trump violated several state and federal criminal laws, including falsifying business records, falsifying financial statements, insurance fraud, and bank fraud.Trump certified his more than 200 false or misleading asset evaluations over a period of ten years, the attorney general’s suit claims.
According to James, Trump used these valuations to obtain favorable deals, including lower interest rates and lower premiums.
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