State Attorney General Letitia James sued former President Donald Trump and his company for fraud on Wednesday.
James’ lawsuit, filed in state court in New York, is the culmination of a three-year civil investigation of Trump and the Trump Organization. Trump’s three eldest children, Donald Jr., Ivanka and Eric Trump, were also named as defendants, along with two longtime company executives, Allen Weisselberg and Jeffrey McConney.
The alleged scheme was intended to burnish Trump’s billionaire image and the value of his properties when doing so gave him an advantage, such as in obtaining favorable loan terms, while playing down the value of assets at other times for tax purposes, James’ office said. In a statement posted to his Truth Social platform, Trump called the lawsuit “Another Witch Hunt by a racist Attorney General” and called James, who is Black, “a fraud who campaigned on a ‘get Trump’ platform, despite the fact that the city is one of the crime and murder disasters of the world under her watch!”
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