A lawsuit brought forth by Letitia James, the New York attorney general, aims to banish Donald Trump and his family from doing business in their longtime home state.
In unveiling a fraud lawsuit on Wednesday against Donald Trump, his three eldest children, and his company, Letitia James, the New York attorney general and a longtime political antagonist of the former President, didn’t mince words. “Trump falsely inflated his net worth by billions of dollars to unjustly enrich himself and cheat the system,” James said, in a statement. “In fact, the very foundation of his purported net worth is rooted in incredible fraud and illegality.
The Trump Organization didn’t respond to a request for comment, but a spokesperson for the company told thethat the complaint was “the culmination of nearly three years of persistent, targeted, unethical political harassment.” Trump, in a social-media post, dismissed the lawsuit as a “witch hunt” and described James as “a fraud who campaigned on a ‘get Trump platform.
In her press conference, James credited Michael Cohen, Trump’s former lawyer and fixer, who turned against him after being charged with tax evasion and campaign-finance violations, for helping to get her investigation going. In February, 2019, Cohen told Congress that Trump “inflated his total assets when it served his purposes . . . and deflated his assets to reduce his real-estate taxes.
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