New York attorney general files lawsuit against Trump for fraud

NY AG Letitia James
(Image credit: YUKI IWAMURA/AFP via Getty Images)

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.

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Devika Rao, The Week US

 Devika Rao has worked as a staff writer at The Week since 2022, covering science, the environment, climate and business. She previously worked as a policy associate for a nonprofit organization advocating for environmental action from a business perspective.