NY attorney general sues Donald Trump and his company

Associated Press New York's attorney general sued former President Donald Trump and his company on Wednesday, alleging business fraud involving some of their most prized assets, including properties in Manhattan, Chicago and Washington, D.C.

People are also reading… James, a Democrat, announced details of the lawsuit at a news conference on Wednesday. The case showed up on a court docket Wednesday morning. James is seeking to remove the Trumps from businesses engaged in the alleged fraud and wants an independent monitor appointed for no less than five years to oversee the Trump Organization's compliance, financial reporting, valuations and disclosures to lenders, insurers and tax authorities.ALSO: Fascinated by the weather? Listen to the Across the Sky podcast

James said her investigation uncovered potential criminal violations, including falsifying business records, issuing false financial statements, insurance fraud, conspiracy and bank fraud. She said her office is referring those findings to federal prosecutors and the Internal Revenue Service.

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