New York Attorney General Letitia James has filed a lawsuit against former President Donald Trump for fraud. The suit names Trump, the Trump Organization, and three of Trump's children — Donald Trump Jr., Ivanka Trump, and Eric Trump — and claims they have fraudulently overvalued their assets by billions of dollars. The suit is the result of James' years-long investigation into Trump's real estate dealings, Bloomberg reports, and the formal complaint states that the fraudulent activities were "approved at the highest levels of the Trump Organization — including by Mr. Trump himself."
The latest development comes just a week after James refused to settle with Trump's lawyers, The New York Times reports. The former president has continued to deny wrongdoing, accusing James of being politically motivated, CNBC reports.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Schumer: Did he betray the Democrats?Feature 'Schumer had only bad political options'
-
John McWhorter’s 6 favorite books that are rooted in historyFeature The Columbia University professor recommends works by Lyla Sage, Sally Thorne, and more
-
Book review: ‘Abundance’ and ‘Raising Hare: A Memoir’Feature The political party of ‘abundance’ and a political adviser befriends a baby hare
-
$300M lawsuit against Greenpeace has environmentalists on edgeIn the spotlight The organization says the future of advocacy and free speech is at risk
-
ICC under attack: can court continue to function?Today's Big Question US sanctions 'designed not only to intimidate court officials and staff' but 'also to chill broader cooperation', say rights group
-
Birthright citizenship under threat in USThe Explainer Donald Trump wants to scrap the policy he calls a 'magnet for illegal immigration'
-
ABC News to pay $15M in Trump defamation suitSpeed Read The lawsuit stemmed from George Stephanopoulos' on-air assertion that Trump was found liable for raping writer E. Jean Carroll
-
Judge blocks Louisiana 10 Commandments lawSpeed Read U.S. District Judge John deGravelles ruled that a law ordering schools to display the Ten Commandments in classrooms was unconstitutional
-
Judge reopens Trump challenge in secrets caseSpeed Read Aileen Cannon continues to delay and complicate the classified documents case
-
ATF finalizes rule to close 'gun show loophole'Speed Read Biden moves to expand background checks for gun buyers
-
Hong Kong passes tough new security lawSpeed Read It will allow the government to further suppress all forms of dissent
