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    NY Attorney General Announces Major Legal Action Against Trump – Trump Attorney Quickly Responds

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    On Wednesday, the Democratic attorney general of New York filed a lawsuit against former president Donald Trump and his business, alleging that some of their most valuable assets, including real estate in Manhattan, Chicago, and Washington, D.C., had been the subject of financial fraud.

    The conclusion of a three-year civil probe of Trump and the Trump Organization is Attorney General Letitia James’ complaint, which was filed in state court in New York.

    Donald Jr., Ivanka, and Eric Trump, three of Trump’s eldest children, as well as Allen Weisselberg and Jeffrey McConney, two longstanding company executives, were also named as defendants.

    As a real estate developer, reality TV presenter of “The Apprentice” and “Celebrity Apprentice,” and later as president, Trump has fostered an image of riches and splendor that the lawsuit aims to smear.

    At a news conference on Wednesday, James was scheduled to reveal specifics of the complaint. On a court docket Wednesday morning, the case was listed.

    Her office has been looking into allegedly false or deceptive values of Trump properties on annual financial statements provided to banks, tax authorities, and other possible business partners for more than three years.

    The attorney general’s office alleged that the objective was to enhance Trump’s reputation as a multibillionaire and the worth of his properties whenever doing so afforded him a benefit, while downplaying the value of assets when necessary for tax considerations.

    According to Alina Habba, a lawyer representing Trump, the lawsuit is“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.”

    “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,” according to Habba.

    “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.”

    More on this story via The Western Jorunal. Continue reading…

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