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New York A.G. sues Trump and 3 of his children for business fraud

Dylan Stableford and Christopher Wilson
Wed, September 21, 2022, 11:46 AM

New York State Attorney General Letitia James on Wednesday announced she is suing former President Donald Trump and three of his children for fraud stemming from her long-running civil investigation into the Trump Organization's business dealings.

"I am announcing today that 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," James said. "The complaint demonstrates that Donald Trump falsely inflated his net worth by billions of dollars to unjustly enrich himself and to cheat the system, thereby cheating all of us."

The civil lawsuit seeks at least $250 million in damages.

James said her office interviewed 65 witnesses and reviewed millions of documents as part of its investigation. In addition to Trump, the additional defendants named in the lawsuit include his three eldest children (Donald Jr., Ivanka and Eric) as well as former Trump Organization executives Allen Weisselberg and Jeff McConney.

"Mr. Trump and the Trump Organization repeatedly and persistently manipulated the value of assets to induce banks to lend money to the Trump Organization on more favorable terms than otherwise would have been available to the country, to pay lower taxes, to satisfy continuing loan agreements and to induce insurance companies to provide insurance coverage at higher limits and at lower premiums," James said during the Wednesday morning remarks.

The civil lawsuit seeks at least $250 million in damages.

An October 2018 report in the New York Times found that Trump had participated in a series of tax schemes related to his father's real estate empire. James said the investigation began in 2019 after former Trump lawyer Michael Cohen discussed these business tactics during testimony under questioning from Rep. Alexandria Ocasio-Cortez, D-N.Y., in front of the House Oversight Committee.

James listed a series of allegations against Trump, including misstating the value and size of his own triplex apartment in Trump Tower. She alleged that in some filings, his Florida resort and home Mar-a-Lago was valued as high as $739 million when it should have been closer to $75 million. James also claimed that Trump inflated the value of other properties and unsold memberships at his golf clubs. The formal complaint includes examples from 23 assets, but James said they found more than 200 examples on his filings over the years.

The New York attorney general said she is making a criminal referral to the Internal Revenue Service and Southern District of New York.

James said that they are also asking the court to permanently bar Trump and the three Trump children from serving as an officer or director on any corporation registered or licensed in New York state, as well as banning Trump and his organization from entering into commercial real estate acquisition in the state for five years and from applying for loans with New York-based banks for that same period.

Trump attended a deposition with James' office last month in Manhattan, where he declined to answer questions, using his Fifth Amendment right against self-incrimination. In a statement, Trump said he "declined to answer the questions under the rights and privileges afforded to every citizen under the United States Constitution" and attacked James for what he called a "despicable attempt" to bring down his company.

James told a judge in January that Trump's son Eric invoked the Fifth Amendment more than 500 times in an October 2020 deposition. The former president's other children Donald Jr. and Ivanka, however, reportedly testified in James's probe in early August and did not invoke the Fifth Amendment.

The former president is still dealing with a federal investigation into his mishandling of classified documents, which led to the FBI raid on his Florida home last month. Trump is also still under scrutiny for his role in the violence of Jan. 6, 2021, which is being investigated by the Justice Department and a House committee. Additionally, a Georgia district attorney is investigating his attempts to overturn the 2020 election results in the state, which voted for Joe Biden.

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Dora Hates You

here we go.....again!

Prediction: Everyone does it. I'm the victim. How come I am being prosecuted with everyone doing it. Essentially an endless spouting of whataboutisms followed by attacks on the messenger.

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

Qrump will get the $250m back by pocketing the money from his PAC.

"Today's filing is neither focused on the facts nor the law - rather, it is solely focused on advancing the Attorney General's political agenda," Habba said in a statement. "It is abundantly clear that the Attorney General's Office has exceeded its statutory authority by prying into transactions where absolutely no wrongdoing has taken place. We are confident that our judicial system will not stand for this unchecked abuse of authority, and we look forward to defending our client against each and every one of the Attorney General's meritless claims." Alina Habba

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The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

NY AG Letitia James says Mar-a-Lago was valued as high as $739M when it should've been at $75M.

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Dora Hates You

Ms. James made a point of addressing that anticipated response, and she did it quite well.

Shame it won't ever be shown on Faux, or Der Sturmer, or wherever pabs and crank listen to.

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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti

Fox wouldn't air the January 6 hearings, you think they would fairly balance this in their presentation?

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

Fox wouldn't air the January 6 hearings because it was grade A bull shit....and fake news.

Oh wait...ALL of the liberal fake news media aired all of it.

Thank God Fox News had the balls to not air known kangaroo court hearings.

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The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Will his supporters pay him out of his own doing like a spoiled child? Or will he have to pay? Hell, can he pay?

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I was right.

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The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

fox?

fox fires people for refusing to lie on the air. they've been to court. it's public record.

if you trust fox, you are very lost.

Did she count the gold toilets and all of Jr's cocaines?

James on Wednesday said her office believes the conduct outlined in the civil suit "also violates federal criminal law, including issuing false statements to financial institutions and bank fraud." She said state investigators would refer the matter to the US attorney's office for the Southern District of New York and the Internal Revenue Service.

"Art of the steal," she said

Prediction: desantis makes a deal with trump to back out of the race, and in exchange he'll offer to pardon trump and his family.

You heard it here first.

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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti

How long before the tRumps inject race into the equation?

In all of these years Trump never has.

Only an idiot with an IQ of 29 would think he would start now.

Fool

(Trump Derangement Syndrome...now thats 100%!)

-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Edited: 09/22/2022 at 08:25 AM by Fish Killer

Here is the box that trump and his criminal protégés are in. This case was deliberately civil, not criminal. That means that no one has the right to remain silent. The trumps have invoked their rights to remain silent, which can be used in a civil proceeding against them. In that case, their silence is a lack of proof. It also means that their liability is not subject to the highest standard beyond all reasonable doubt but the lesser standard of preponderance of evidence, or more likely than not. The trumps cannot testify because they will be indicted and they cannot sit by and watch their assets and properties yanked from them. They can't even make Eric the fall guy because it's all of them. Who would have ever thought it was a great time to be Tiffany Trump?

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

Cool meme Lyin Fish- sounds exactly like what you guys are doing to your party. Go Brandon! lol

But yeah Rusty nailed it.

They'll pull a Nixon.

Why do we allow Presidents to pardon people again?



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When America was "great"

Edited: 09/22/2022 at 09:03 PM by fishkller

because your a dumbass