Donald Trump, adult children sued by NY attorney-general for fraud
New York Attorney General Letitia James has said that the investigation uncovered "significant evidence" that Trump and the company fraudulently valued many of its assets.
By REUTERS
Published: SEPTEMBER 21, 2022
Donald Trump and his adult children were sued for "numerous acts of fraud and misrepresentation" on Wednesday by New York state's attorney general in a civil investigation into the former US president's business practices, court records showed.
The lawsuit, filed in a New York state court in Manhattan, accused the Trump Organization of wrongdoing in preparing Trump's annual statements of financial condition from 2011 to 2021. It also named the Trump Organization, the former president's son Donald Trump Jr. and his daughter Ivanka Trump as defendants.
Attorney General Letitia James said Trump and the Trump Organization misstated the values of its real estate properties to obtain favorable loans and tax benefits. She said she was referring allegations of criminal wrongdoing to federal prosecutors in Manhattan and the Internal Revenue Service.
more............ https://www.jpost.com/international/article-717809
New York Attorney General Letitia James has said that the investigation uncovered "significant evidence" that Trump and the company fraudulently valued many of its assets.
By REUTERS
Published: SEPTEMBER 21, 2022
Donald Trump and his adult children were sued for "numerous acts of fraud and misrepresentation" on Wednesday by New York state's attorney general in a civil investigation into the former US president's business practices, court records showed.
The lawsuit, filed in a New York state court in Manhattan, accused the Trump Organization of wrongdoing in preparing Trump's annual statements of financial condition from 2011 to 2021. It also named the Trump Organization, the former president's son Donald Trump Jr. and his daughter Ivanka Trump as defendants.
Attorney General Letitia James said Trump and the Trump Organization misstated the values of its real estate properties to obtain favorable loans and tax benefits. She said she was referring allegations of criminal wrongdoing to federal prosecutors in Manhattan and the Internal Revenue Service.
more............ https://www.jpost.com/international/article-717809