(New York, NY) — The New York Attorney General is filing a civil lawsuit against former President Trump for allegedly inflating his net worth. Letitia James says this is the result of a three-year investigation, alleging Trump and his family falsified business records, stretched asset valuations, and committed insurance fraud. The lawsuit seeks a 250-million-dollar judgment that would also ban any member of the Trump family from leading a business in New York State. During a deposition last month, the former President pleaded the Fifth Amendment. In a statement, Trump’s lawyers say the lawsuit is merely a way for James to advance her political agenda.
New York Attorney General Letitia James speaks during a press conference, Wednesday, Sept. 21, 2022, in New York.
