The state of New York’s chief law enforcement officer may soon file a civil lawsuit against former president Donald Trump, his eponymous real estate and licensing conglomerate, and at least one of his adult children after the twice-impeached ex-president’s proposed settlement that would have ended a years-long probe into whether his companies defrauded state tax authorities was rejected.
Citing three sources “with knowledge of the matter,” The New York Times reported on Thursday New York State Attorney General Letitia James had rejected an offer to settle the long-running fraud investigation. The rejection of Mr Trump’s offer is a strong indicator that Ms James intends to sue Mr Trump and the Trump Organization for defrauding New York out of tax revenues by improperly deflating valuations of his property and improperly obtaining other tax benefits.
