Donald Trump and his company sued by New York Attorney General for alleged fraud

Ex-US president Donald Trump and his company have been sued by New York's attorney general over alleged business fraud involving some of their most prized assets including properties in Manhattan, Chicago and Washington, DC.

The lawsuit seeks to strike at the core of what made Mr Trump famous, taking a blacklight to the image of wealth and opulence he has embraced throughout his career - first as a real estate developer, then as a reality TV host on The Apprentice and Celebrity Apprentice, and later as president. The goal, the attorney general's office has said, was to burnish Mr Trump's billionaire image and the value of his properties when doing so gave him an advantage, while playing down the value of assets at other times for tax purposes.

She also seeks to permanently bar Mr Weisselberg and Mr McConney from serving in the financial control function of any New York corporation or similar business entity registered and/or licensed in New York State.

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New York AG sues Donald Trump over 'numerous acts of fraud' in probe over business practicesAttorney General Letitia James filed a lawsuit against the former president and his company on Wednesday, alleging business fraud involving some of their most prized assets.
Fonte: i newspaper - 🏆 8. / 89 Leggi di più »

Donald Trump and his company sued by New York Attorney General for alleged fraudMr Trump's three eldest children - Donald Jr, Ivanka and Eric Trump - were also named as defendants, along with executives Allen Weisselberg and Jeffrey McConney.
Fonte: Daily_Record - 🏆 9. / 89 Leggi di più »