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New York AG details fraud case against Trumps in court filings - POLITICO

New York AG details fraud case against Trumps in court filings - POLITICO

New York AG details fraud case against Trumps in court filings - POLITICO
Jan 19, 2022 1 min, 23 secs

Former President Donald Trump sued Tish James last month in a bid to thwart her ongoing investigations.

New York Attorney General Tish James addresses a news conference at her office.

New York Attorney General Tish James on Tuesday night moved to force former President Donald Trump and his two elder children to comply with her probe of the Trump Organization's finances.

"No one in this country can pick and choose if and how the law applies to them," James tweeted, adding that the three Trumps "have all been closely involved" in some Trump Organization transactions that, according to the attorney general, "used fraudulent and misleading asset valuations on multiple properties to obtain economic benefits, including loans, insurance coverage, and tax deductions for years.".

James' office goes on to present examples of six allegedly overvalued Trump properties, like the Trump Organization’s Seven Springs estate in New York, which jumped from a purchase value of $7.5 million in 1995 to a stated value of $291 million in 2014, as well as foreign establishments like the Trump International Golf Club in Scotland.

would be also compelled to testify based on their relationships with the former president and their roles in the Trump Organization’s finances

On Wednesday morning, Eric Trump, one of the former president's sons, tweeted that the attorney general's investigation was nothing "more than a PR move to revive a political career after your gubernatorial disaster," posting compilations of old videos where James promised to take legal action against the former president once he became a private citizen

Former President Trump sued James last month in a bid to thwart her ongoing investigations into his business practices

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