New York attorney general sues Donald Trump and his company

and his company on Wednesday, alleging business fraud involving some of their most prized assets, including properties in Manhattan, Chicago and Washington, D.C.

Attorney General Letitia James’ lawsuit, filed in state court in New York, is the culmination of the Democrat’s three-year civil investigation of Trump and the Trump Organization. Trump’s three eldest children, Donald Jr., Ivanka and Eric Trump, were also named as defendants, along with two longtime company executives, Allen Weisselberg and Jeffrey McConney.

The lawsuit seeks to strike at the core of what made Trump famous, taking a blacklight to the image of wealth and opulence he’s 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. James, a Democrat, was to announce details of the lawsuit at a news conference on Wednesday. The case showed up on a court docket Wednesday morning.James’ office has spent more than three years investigating fraudulent or misleading valuations for its properties on annual financial statements that were given to potential business partners, banks or tax officials.

The goal, the attorney general’s office has said, was to burnish 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.“Today’s filing is neither focused on the facts nor the law — rather, it is solely focused on advancing the Attorney General’s political agenda.

now we’re talking. nail him to the wall.

Trump being sued by a “Black” female attorney has got to be extra hard for the twit to swallow.

Hmmmm....just NOW coming up with this information. smells like desperation for the democrats!

New season of the good fight?

Lawsuit sounds pretty iron clad against trump and org. Tbd on children.

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Donald Trump, 3 of his children sued for business fraud by New York AGThe suit alleges that the former president and Eric Trump, Ivanka Trump and Donald Trump Jr. flagrantly manipulated property valuations to deceive lenders, insurance brokers and tax authorities. Lawsuit alleges $250 million fraud, seeks to bar the Trumps from serving as executives of any company operating in New York. GlennKesslerWP NOW we are cooking! Wow, all against one? Definitely is a very powerful opponent this 'one'
Source: washingtonpost - 🏆 95. / 72 Read more »