The New York Attorney General sued former President Donald Trump and his company on Wednesday, accusing commercial fraud that affected some of his most valuable assets, including properties in Manhattan, Chicago and Washington DC.
Attorney General Letitia James’s lawsuit, filed in the New York state court, is the culmination of the Democrats’ three-year civil investigation into Trump and the Trump Organization. Trump’s three eldest children, Donald Jr., Ivanka and Eric Trump, have also been named as defendants, along with two longtime business executives, Allen Weisselberg and Jeffrey McConney.
“Today I filed a lawsuit against Donald Trump for committing years of financial fraud to enrich himself, his family and the Trump Organization.
“There are no two laws for people in this nation: former presidents have to meet the same standards as ordinary Americans,” the attorney general wrote in a message on social networks.
Today I filed a lawsuit against Donald Trump for committing years of financial fraud to enrich himself, his family and the Trump Organization.
There are no two sets of laws for people in this nation – former presidents must be held to the same standards as everyday Americans.
– NY AG James (@NewYorkStateAG) September 21, 2022
The lawsuit seeks to strike the heart of what made Trump famous, bringing into the black spotlight the image of wealth and opulence he married during his career, first as a real estate developer, then as host of a reality show on “The Apprentice. “And” Celebrity Apprentice “, and later as president.
James, a Democrat, announced the details of the lawsuit at a press conference on Wednesday. The case appeared in court filing Wednesday morning.
James’s office has spent more than three years investigating fraudulent or misleading valuations of his properties in the annual financial statements provided to potential business partners, banks, or IRS officials.
The goal, prosecutors said, was to brown Trump’s billionaire image and property values when it gave him an advantage, while at other times he deducted from assets for tax purposes.
“Today’s presentation focuses neither on facts nor on the law, but focuses solely on promoting the Attorney General’s political agenda. there have been absolutely no We are confident that our judicial system will not tolerate this uncontrolled abuse of authority and we look forward to defending our client against any unfounded claims from the Attorney General, “said Alina Habba, a Trump attorney.
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