
New York Attorney General Letitia James announced that she had filed a lawsuit against former president Donald Trump, his three adult children, his business associates and a series of his companies on Wednesday.
The lawsuit alleges that Mr Trump artificially inflated the value of multiple business entities and hopes to bar Mr Trump and his children Donald Trump Jr, Ivanka Trump and Eric Trump from serving as a director of a corporation or similar entity; bar him and the organization from entering any New York real estate acquisitions for the next five years; and seeks $250m from all financial benefits obtained from fraud.