New York Attorney General Letitia James has sued former president Donald Trump, his three eldest adult children, and a host of companies, organizations and persons associated with his eponymous real estate and licensing business following a three-year civil investigation into allegations of fraud.
“Following a comprehensive, three-year investigation by my office, including witnesses with more than 65 witnesses and review of millions of documents that were submitted by Mr Trump and others, I am announcing that today we are filing a lawsuit against Donald Trump for violating the law as part of his efforts to generate profits for himself, his family and his company,” Ms James said during a Wednesday press conference to announce the civil litigation.
Ms James said the twice-impeached ex-president “cheated all of us” by having “falsely inflated his net worth by billions of dollars to unjustly enrich himself and to cheat the system”. She added that he did so with the aide of his children from him, Donald Trump Jr, Ivanka Trump, and Eric Trump, as well as former Trump Organization CEO Allen Weisselberg and the Trump Organization comptroller’s.
The complaint alleges that the former president with assistance from his children Ivanka, Eric and Donald Trump Jr made false statements in multiple filings in an effort to gain tax benefits and obtain other benefits from insurers and financial institutions.
Ms James alleges that the Trump Organization and its representatives made more than 200 false and misleading evaluations of its assets over a 10-year period from 2011 to 2021.
The lawsuit seeks to permanently bar the Trumps from holding any offices with businesses in the state.