NEW YORK — New York Attorney General Letitia James announced a bombshell civil fraud lawsuit Wednesday against former president Donald Trump, his adult children and his company.
The AG’s lawsuit to be filed in State Supreme Court in Manhattan accuses the Trump Organization and top company executives of purposely misrepresenting the value of assets emblazoned with the former president’s name including skyscrapers, mansions, and golf courses by hundreds of millions of dollars over decades to enrich itself.
The suit seeks to remove Trump and his children from their roles with the eponymous organization after he “falsely inflated his net worth” in order to enrich themselves through “numerous acts of fraud and misrepresentations.”
