New York State Attorney sues Donald Trump and his children

In a three-year investigation, investigators examined the activities of the Trump Organization between 2011 and 2021. At that time, Trump revaluate the value of your assets, when he applied for better credit and insurance terms for his company, and significantly reduce them.when it came to paying taxes. In a 200+ page lawsuit, Letitia James claims that falsifying the value of the property, the defendants deceived creditors, insurers and the tax office.

This behavior should not be taken lightly and should not be seen as an unintentional error. […] With the help of his children and senior management of the Trump Organization, Donald Trump has inflated the value of his real estate by billions of dollars. He did it to get rich and cheat the system.

James announced this at a press conference in New York.

In addition to the Trumps, Allen Weisselberg, a former Trump Organization chief financial officer, and Jeff McConnie, a longtime director of the company, also sued. “Trump Organization senior management commits scams like this every year. All this happened with the consent of Donald Trump.- we read in the lawsuit.

James demands $250 million back that Trump and his loved ones had to earn on financial fraud. The prosecutor also wants Trump and his children are banned for life from holding directorships in New York companies..

Donald Trump refuses to testify

On August 10, 2022, Donald Trump was called to testify. The former president declined to answer most of the questions, citing the fifth amendment to the constitution, which allows refusing to answer if it harms the witness. It is worth recalling that during an audition in 2020 by Eric Trumpwho is one of the most important figures in the Trump organization, he made over 500 references to this amendment.

[Donald Trump] mentioned the fifth amendment also when we asked him if he reviews and approves the company’s financial statements after becoming President of the United States.

Jones said at the conference.

Donald Trump has not yet made any statements. While he only touched upon the issue Donald Trump Jr., who tweeted several videos after the conference ended, ridiculing and discrediting Letitia Jones..

(CEO/SC)