Trump and Three Eldest Children Named in $250 Million New York Civil Suit
Former President Donald Trump’s legal challenges grew on Wednesday after he and his three eldest children were named in a $250 million civil lawsuit filed by the Attorney General of New York. The suit alleges Trump and his enterprises overvalued properties and holdings with the intent of gaining favorable loans from lenders. The 214-page filing was the result of a three-year-long investigation into the business practices of the former President.
Upon filing the lawsuit, New York Attorney General Letitia James said in a statement that “with the help of his children and senior executives at the Trump Organization, Donald Trump falsely inflated his net worth by billions of dollars to unjustly enrich himself and cheat the system.”
The Attorney General’s suit seeks repayment of the alleged fraudulently acquired $250 million, and to ban Donald Trump, Donald Trump Jr., Ivanka Trump, and Eric Trump from serving in corporate executive roles in the state of New York. Additionally, it calls for all four to be removed from their current roles in the Trump Organization, and for the organization to be prohibited from real estate purchases in the state for five years.
The announcement was covered wildly across the spectrum, with Fox News (Right Bias) highlighting a response from former U.S. Attorney General William Barr, an appointee of Donald Trump, who dismissed the suit, deeming it a “political hit job” from the left.
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From the CenterTrump Won't Go to Jail in Letitia James' Newest Legal Battle
A new $250 million civil fraud lawsuit filed by New York Attorney General Letitia James against former President Donald Trump and three of his adult children will not lead to jail time.
The 214-page lawsuit seeks the repayment of the money from alleged fraudulent practices and to remove all of the Trumps—including children Donald Jr., Eric and Ivanka—from their current roles at the Trump Organization. It would also ban them from future leadership roles in New York.
James is also seeking to permanently bar the four Trumps from serving as...
From the RightNew York Attorney General Sues Trump for Fraud, Seeks $250 Million in Restitution
On Wednesday, New York State Attorney General Letitia James, a Democrat, announced that her office would be filing a civil lawsuit against former President Donald Trump, his three eldest children, and the Trump Organization, after a wide-ranging three-year investigation.
In a filing that she said comprises 23 "assets," including various New York real estate properties, James claims that the Trump family "violated several state criminal laws, including falsifying business records, issuing false financial statements, insurance fraud, and engaging in a conspiracy to commit each of these state law violations." She...
From the LeftNew York attorney general lawsuit accuses Trump of ‘staggering’ fraud
The attorney general of New York state has filed a civil fraud lawsuit against Donald Trump and three of his children involved in the family real-estate business, for falsely inflating his net worth by billions in order to enrich himself and secure favorable loans.
Announcing the suit in New York on Wednesday, Letitia James also said referrals had been made to federal prosecutors and the Internal Revenue Service – a move sure to anger the former US president and increase consternation among his inner circle about the depth of his...