New York attorney-general probing whether Trump, his businesses inflated assets for loans

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Attorney-General Letitia James filed a petition in state trial court in New York City naming the Trump Organization, an umbrella group for the Republican president’s holdings, as a respondent along with other business entities

The attorney-general’s office is investigating whether the Trump Organization and the president improperly inflated the value of assets to secure loans and obtain economic and tax benefits. Investigators are looking into whether the Trump Organization and its agents improperly inflated the value of the Seven Springs north of the city.In the court filings, the attorney-general’s office wrote that “information regarding the valuation of Seven Springs is significant” to the office’s investigation.

Since then, the attorney-general’s office has issued “a number of subpoenas and has taken testimony seeking information material to these matters,” the court filing said. Investigators have not yet determined whether the law was broken. James’ office issued subpoenas to the Trump Organization and to Seven Springs LLC in December 2019, seeking financial documents, the filing said. Since then, both have “engaged in extensive good-faith discussions concerning the Trump Organization’s compliance with the subpoenas.”

The attorney-general’s office is also attempting to collect information about several other Trump-related properties, including the Trump National Golf Club in Los Angeles, the Trump International Hotel and Tower in Chicago and an office building on Wall Street in Manhattan where the Trump Organization “owns a `ground lease’ pertaining to the property.”

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Shocking!! Next it’ll be back to Russian collusion or another Stormy Daniels or another pee peegate accusation 🙄

AG for 20 million people yet seems singularity focused on one person.

What is there to probe..Everything Trump presents is “Inflated and exaggerated”, thousands and thousands, many more thousands, Lots of people, many people are calling me, millions and millions of job created, So whatever he says, just discount it by 70% to 100%, as half are lies.

Oh Know and just before the election, how convenient

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