NY AG Letitia James Alleges Trump Overstated His Net Worth by Billions of Dollars Despite Previous Report That Revealed Trump Undervalued Assets
The old saying goes, “if you torture the data long enough, it will confess to anything.”
New York Attorney General Letitia James alleged Trump overstated his net worth by billions of dollars to obtain loans, get insurance benefits and manipulate taxes.
A previous report found that Trump actually undervalued his assets.
Letitia James in September announced a lawsuit against former President Donald Trump and his family.
AG James has been investigating whether the Trump Organization inflated the values of some of its properties.
Letitia James said her office is seeking to:
- Make Trump pay $250 million.
- Ban the Trumps from running NY businesses for good.
