Letitia James Turns the Screw on Donald Trump
Donald Trump,Criminal Justice,Fraud,Banking And Finance
The New York attorney general who is suing Donald Trump over claims he fraudulently inflated his net worth has suggested that there is so much evidence against the former president that a trial is not even necessary.
Letitia James is seeking a summary judgment to resolve her $250 million lawsuit against Trump, two of his children, and his real estate company the Trump Organization. James accuses Trump of having filed fraudulent financial statements that inflated or undervalued the value of a number of assets to obtain benefits such as better bank loans and reduced tax bills between 2011 and 2021.
In court filings made public on Wednesday, James alleged that Trump inflated his net worth by as much as $2.2 billion in 2014 alone. Trump, who has answered questions under oath as part of the inquiry, has long denied any wrongdoing.
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