Trump’s adult children are being sued for fraud by the New York attorney general.

The New York state attorney general filed a lawsuit against Donald Trump and his adult children on Wednesday as part of a civil investigation into the former U.S. president’s business practises, according to court documents. The lawsuit cites “numerous acts of fraud and misrepresentation” by Donald Trump and his adult children.
The Trump Organization was accused of malfeasance in the case, which was filed in a Manhattan state court, for failing to properly prepare Trump’s yearly financial status reports from 2011 to 2021. Also named as defendants were the Trump Organization, Donald Trump Jr., and Ivanka Trump, the former president’s daughter.

According to Attorney General Letitia James, Donald Trump and the Trump Organization overstated the worth of their real estate holdings in order to qualify for advantageous loans and tax advantages. She declared that she was reporting claims of criminal wrongdoing to the Internal Revenue Service and federal prosecutors in Manhattan.
James said in a statement that Donald Trump “falsely inflated his net worth by billions of dollars to unjustly enrich himself and scam the system with the assistance of his children and key officials at the Trump Organisation.”
One of Trump’s major legal setbacks since he left office in January 2021 is the lawsuit. Trump is thinking about running for president once more in 2024.

James told reporters that she is requesting that the defendants forfeit all of the advantages he received through fraud, which are believed to be worth $250 million. The lawsuit also aims to prevent Trump and his kids from running businesses in New York and prevent the Trump Organization from doing real estate transactions. learn more For more than three years, James has been pursuing a civil probe of Trump’s business activities.
The former president of the Republican Party has denied any misconduct and called James’ investigation a politically driven witch hunt. A Democrat, James. James’ claims have been deemed “baseless” by the Trump Organization.

The complaint was filed on Wednesday in response to a controversial probe in which James accused Trump, his business, and certain members of his family of using delay strategies to evade subpoenas and avoid testifying.
In a protracted, behind-closed-door deposition at the attorney general’s office on August 10, Trump refused to respond to questions and more than 400 times invoked his Fifth Amendment privilege against self-incrimination.
After court orders mandated it, Donald Trump Jr. and Ivanka Trump agreed to take depositions.
In a 2020 deposition, Eric Trump, a different kid of Donald Trump, used the privilege against self-incrimination more than 500 time

Ever since leaving the White House, Trump has faced numerous legal issues.
On August 8, as part of a criminal investigation into his handling of presidential documents, including sensitive material, the FBI searched his Mar-a-Lago residence in Florida.
Regarding his attempts to annul the results of the 2020 election, Trump is also the subject of a criminal investigation in Georgia.
In each of the investigations, he has denied misconduct.

The criminal tax fraud investigation by Manhattan’s district attorney, Alvin Bragg, into the Trump Organization is distinct from James’ civil investigation.
The business is due to go on trial in October for allegedly providing employees with benefits that were not documented. Allen Weisselberg, the organization’s former longstanding top financial officer, has admitted guilt and will testify against it. View More
James is supporting Bragg’s criminal investigation.