Trump overstated net worth by up to $2.2 billion, New York attorney general says
CBSN
Former President Donald Trump overstated his net worth by between $812 million and $2.2 billion each year between 2011 and 2021, the office of New York Attorney General Letitia James claims in a filing made public Wednesday.
The allegations were raised in an Aug. 4 filing seeking a partial summary judgment in the office's 2022 lawsuit accusing members of the Trump family and Trump Organization executives of orchestrating an extensive, fraudulent scheme related to valuations of property and Trump's personal financial statements.
James' office is seeking $250 million and sanctions that would halt the company's operations in the state and drastically impair the ability of Trump, Eric Trump or Donald Trump Jr. to do business in New York.
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