Donald Trump’s real estate empire engaged in an “astounding” level of fraud and deceptive business practises over more than a decade, during which the former president and his associates “grossly and fraudulently” inflated the value of his properties to obtain tax, loan and insurance incentives while boosting his financial ambitions, according to New York Attorney General Letitia James.
A bombshell 222-page civil suit alleges that Mr Trump inflated his net worth to “deceive banks and the people of the great state of New York,” Ms James told reporters on 21 September.
