New York Attorney General Letitia James sues Trump Organization, accusing Donald Trump's family business of fraud.
James said Trump"falsely inflated his wealth by billions of dollars" to enrich himself and his family and the lawsuit seeks to effectively shutter the former president's namesake business,"Mr. Trump thought he could get away with the art of the steal, but today, that conduct ends," James said."There aren't two sets of laws for people in this nation: former presidents must be held to the same standards as everyday Americans.
The Trump family and political allies fired back Wednesday, accusing the attorney general, a Democrat, of engaging in a politically motivated campaign against the former president and his family. Those statements, according state officials, included inflated valuations of properties, ranging from Trump's Manhattan residence at Trump Tower, his golf courses and his Mar-a-Lago estate in Florida.
At Trump Tower, the former president's apartment was allegedly listed in 2015 as triple its actual size of 10,996 square feet, and valued at $327 million.
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