New York: According to media reports, the Attorney General of New York State on Wednesday (local time) filed charges against former President Donald Trump, his three children and the Trump Organization for allegedly enriching himself after more than a decade-long fraud. filed suit.
Democrat Attorney General Letitia James alleged in a 200-page lawsuit that the fraud touched all aspects of the Trump business, including his property and golf courses, CNN reports. According to the lawsuit, the Trump Organization defrauded lenders, insurers and tax officials by inflating the value of their properties by using deceptive valuations.
James said during a press conference in New York, “This conduct cannot be dismissed and dismissed as a goodwill mistake of some sort.” “The financial position statements were greatly exaggerated, completely exaggerated, objectively inaccurate, and therefore fraudulent and illegal. And as a result we are seeking relief. Trump, the Trump Organization, his family – they all need to be held accountable,” she said, according to CNN.
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Among Trump’s children, Donald Trump Jr., Eric Trump and Ivanka Trump have been named as defendants in the lawsuit. In addition, former Trump Organization CFO Alan Weiselberg and another longtime company executive Jeff McConkey are also named.
The lawsuit further states, “These acts of fraud and misrepresentation were similar in nature, committed as part of a common effort for each annual statement by upper management in the Trump Organization, and approved at the highest levels of the Trump Organization.” were – including by Mr. Trump himself.”
CNN reported that as part of the lawsuit, James is seeking $250 million in allegedly wrongfully earned money and serving as director of a business registered in New York state to Trump and the children named in the lawsuit. permanently preventing it from doing so. She is also seeking to revoke the Trump Organization’s corporate certificate.
The fraud case against former US President Donald Trump and his children in New York first appeared on Indiahead News.