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New York State Sues Donald Trump For A Quarterly Dollar!


Donald Trump is facing another major legal problem – and this one comes with big receipt. The former President, his three grown children and his company, Trump Organizationbeing sued by the state of New York.

On Wednesday morning, the New York Attorney General Letitia James announced the lawsuit, which accuses Trump of widespread fraud in financial documents. The suit also seeks to ban Trump, Ivanka Trump, Eric Trumpand Donald Trump Jr. from doing business in the Empire State! Like when they never do charity work again after their self-treatment was exposed…

Based on CNBC, the 220-page civil suit was first filed in Manhattan Supreme Court this week. It seeks at least $250 million in damages from apprentice star and his team.

Oh my god!!!

During a press conference announcing the action on Wednesday, James said that after a years-long investigation, they found that Trump had “massively” overstated the value of his real estate and financial assets. in reports to banks, insurance companies and the IRS. AG alleges that he did so, in order to fraudulently obtain loan terms in favor of the Trump Organization and to reduce its annual tax bills.

Related: Donald Trump Says He Will Still Run For President If He’s Indicted

The state is accusing Trump and his team of “a repeated pattern and pervasive scheme” in which they made “more than 200 false and misleading valuations of the properties contained in 11 Declarations.” father from 2011 to 2021.” Wow, this only goes back a few years! Imagine how long before this happened…

In a statement, James explained her office’s determination to track down the former politician for his alleged shady business dealings:

“Trump has inflated his net worth by billions of dollars. For too long, the rich, powerful people in this country have acted as if the rules don’t apply to them. Donald Trump stands out as one of the most egregious examples of this misconduct. With the help of his children and senior executives at the Trump Organization, Donald Trump has falsely inflated his net worth by billions of dollars to illegally enrich himself and cheat the system. “.

James also made it clear that they were referring to criminal charges against Judicial and IRSbecause he also allegedly violated federal law with this form of fraud.

OH!

See the full report for reporters (below):

Among the issues raised in the lawsuit are allegations that Trump falsely claimed the size of his Manhattan apartment was three times its actual size. James says he also values ​​his Mar-a-Lago property at $739 million — although objective estimates place the value at the TENTH of that. Such property overvaluation allows Trump to cheat to obtain extremely profitable loans and better terms than competitors on various business deals, James claimed.

In addition to Trump and his children, the former CFO of the Trump Organization Allen Weisselberg also named in the suit. In a nutshell, the lawsuit outlines seven counts of alleged unlawful conduct: repeated and repeated fraud, falsifying business records, conspiracy to falsify business records, misrepresentation of financial statements, conspiracy to misrepresent false financial statements, insurance fraud, and conspiracy to commit insurance fraud.

James really no joke either. She told the media that her office would seek to ban Trump and his company from buying any real estate in New York or applying for loans from banks operated in the state for five years. Her prosecutors have also turned over their findings to the IRS, who will likely now hunt down Trump for potential federal misconduct.

Considering this isn’t anywhere close to the first time Trump’s behind-the-scenes dealings have come under scrutiny, we shouldn’t also surprised by it. Should we?? And…

Related: Donald accidentally admits to charges on social media hilarious Rant!

Continue Social Truth, the former President has been busy whining and complaining about the lawsuit. On Wednesday morning, Trump wrote this about AG James, who is Black btw, and her newly filed legal brief:

“Another witch hunt by the racist Attorney General, Letitia James. I never thought this case would make – until I saw her really bad polls [in her re-election race]. She is a scammer who has campaigned on the ‘get Trump’ platform, despite the fact that the city is one of the world’s crime and murder disasters under her watch! “

That’s right, Donald. Witch hunting, poll numbers, yuuuge conspiracy, many such cases, very sad, blah, blah, blah… But now she’s RACIST ?? Just because Trump is white?!?

In a slightly more professional statement also released to the media on Wednesday, Trump’s attorney Alina Habba speak:

“Today’s filing does not focus on the facts nor the law. Instead, it focuses solely on advancing the Attorney General’s political agenda. It is clear that the Attorney General’s Office exceeded its statutory authority in conducting transactions where absolutely no wrongdoing occurred. We are confident that our justice system will not stand up to this unchecked abuse of power and we look forward to protecting our clients against any absurd statements made by the Attorney General.” .

OK.

So once again we have to ask the question – this is another question in a long line of basically every government agency working together in a huge conspiracy and fabricating years of evidence. , Democrats and Republicans all come together for a political show… Or a real estate developer and former casino owner with a terrible reputation has indeed crooked. Difficult call…

What do you all think of this lawsuit, longtime readers??

[Image via MEGA/WENN]



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