New York prosecutor sues Donald Trump for fraud

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Donald Trump it was Defendant by yesterday Danger! By New York State Attorney Generalwho conducted a civil investigation into the former US president’s business practices for more than three years, court records showed.

A copy of the complaint was not immediately available, but a lawsuit was filed in a New York state court in Manhattan.

Attorney General’s investigation letitia james The U.S. has focused on whether the Trump Organization misrepresented the values ​​of its real estate properties in order to obtain favorable loans and tax benefits.

Prosecutor James alleged that Trump “artificially increased his net worth by billions of dollars.”

“This investigation has determined that Trump has, over the years, engaged in illegal conduct to increase his net worth to defraud the banks and the people of the great state of New York,” James told the news conference.

“Saying you have money you don’t have is not an art of conversation, but an art of stealing,” the official said, referring to the title of a book written by Trump.

The former Republican president has denied any wrongdoing and described the James investigation as a politically motivated witch hunt. James is a Democrat, The Trump Organization has called James’ allegations “baseless.”

The lawsuit sheds light on the image of money that trump For decades, he has been featured first as a real estate entrepreneur, then as the reality show The Apprentice and Celebrity Apprentice, and then as the President.

James wants to separate Trump from businesses involved in alleged fraud And assign a monitor for five years to see that the company is accurately reporting and evaluating its value to creditors, insurers and tax authorities.

He also wants to replace existing holders of Trump’s trust, which governs his business interests.

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