The lawsuit, filed in a New York state court in Manhattan on Wednesday, accused the Trump Organization of engaging in “numerous acts of fraud and misrepresentation” in preparing Trump’s annual statements of financial condition from 2011 to 2021.for breaking news, videos, and the latest top stories in Nigeria & world news, business, politics, sports and pop culture.
It also named the Trump Organization, the former president’s sons Donald Trump Jr and Eric Trump, and his daughter Ivanka Trump as defendants. With the help of his children, “Trump variously unlawfully inflated and deflated his net worth by billions to obtain and satisfy loans, get insurance benefits, and pay lower taxes”, New York Attorney General Letitia James said on Twitter.With the help of Donald Jr., Eric, Ivanka, and other defendants, Trump variously unlawfully inflated and deflated his net worth by billions to obtain and satisfy loans, get insurance benefits, and pay lower taxes.
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