New York Attorney General Letitia James sues Trump and The Trump Organization, seeking end to their business in the state and $250 million in relief – By Graham Kates (CBS News) / Sept 21, 2022
Alleging a widespread effort to manipulate property valuations by former President Donald Trump, three of his children, and their eponymous company, New York Attorney General Letitia James announced Wednesday her office is suing them, seeking $250 million and an end to their operations in the state.
James’ office alleged in a 220-page complaint filed Wednesday that Trump, Donald Trump Jr., Ivanka Trump and Eric Trump, as well as others who have served as company executives at the Trump Organization engaged in a yearslong scheme to enrich themselves by inflating the values of a wide swath of properties, stretching across his international real estate empire.
James’ office is asking a judge to revoke the Trump Organization’s business certificate, effectively barring it from doing business in New York. Her office is seeking to permanently bar Trump and his children named in the suit from serving as officer or director of any business entity in New York, including their family’s company. It is also requesting a five-year ban on Trump and the company from acquiring real estate in New York or applying for loans from any New York-based company.
In a statement to CBS News, Alina Habba, an attorney for Donald Trump, said “today’s filing is neither focused on the facts nor the law – rather, it is solely focused on advancing the Attorney General’s political agenda.”
