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Trump is SUED by New York's Democratic AG Letitia James

New York AG Letitia James announced on Wednesday that her office is suing former President Donald Trump and his adult children

BREAKING NEWS: New York Attorney General Letitia James is suing Trump, Ivanka, Eric and Don Jr. for ‘inflating real estate prices’ – and is trying to bar his firm from entering into real estate deals or transactions banking for FIVE YEARS

  • New York AG Letitia James announced on Wednesday that she is suing Trump
  • His office probed Trump for allegedly raising property valuations when seeking loans
  • Former Trump lawyer Michael Cohen testified to House that Trump’s property values ​​were low for tax authorities
  • Trump has repeatedly attacked James for ‘witch hunting’ and called her a racist

New York Attorney General Letitia James has sued former President Donald Trump and accused him of engaging in “numerous acts of fraud”, in a lawsuit that follows a a three-year investigation.

James was due to announce the lawsuit at a press conference on Wednesday, in a lawsuit that accuses Trump and his three adult children of inflating the real estate valuations of his real estate empire and depressing values ​​when dealing with the tax authorities.

She said after a review of “millions of documents” and told reporters it was for “breaking the law in his efforts to generate profit for himself, his family and his business”.

She said he did it “to fool the system and fool us all”.

She specifically named Trump and three of his adult children, Don Jr., Eric and Ivanka Trump, and said they were “persistently” inflating asset values.

New York AG Letitia James announced on Wednesday that her office is suing former President Donald Trump and his adult children

New York AG Letitia James announced on Wednesday that her office is suing former President Donald Trump and his adult children

The total “fraud” was $250 million, she claimed.

She specifically referred to the “statements of financial position” prepared for Trump by his accountants and executives.

Trump vouched for the accuracy of these statements when submitting them to banks and insurance companies.

Donald Trump Jr. hit back immediately, tweeting a photo of James and writing:

Donald Trump Jr. fired back immediately, tweeting a photo of James and writing, “The bull**** Dem witch hunt continues.”

“We show that they violated multiple state criminal laws, including falsifying business records, submitting false financial statements, insurance fraud, and participating in a conspiracy to commit each of these violations of state law,” she said.

She accused them of creating “over 200” false and misleading asset valuations.

She accused Trump of “intentional and deliberate fraud” by tripling the size of her Trump Tower penthouse apartment, thereby increasing its value.

Donald Trump Jr. fired back immediately, tweeting a photo of James and writing, “The bull**** Dem witch hunt continues.”

She also touched on Trump properties, including 40 Wall Street.

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