New York Attorney General and Democrat activist, Letitia James, announced in a press conference Wednesday morning that she has filed a lawsuit against President Trump and his family members for inflating his assets, which has already been debunked by New York investigators, as the Gateway Pundit previously reported.
Letitia James said her office is seeking to:
- Make Trump pay $250 million.
- Ban the Trumps from running NY businesses for good.
- Ban Trump and Trump Org from buying commercial real estate in NY for 5 yrs.
- We’re making a criminal referral to the US Department of Justice
“Today, I filed a lawsuit against Donald Trump for engaging in years of financial fraud to enrich himself, his family, and the Trump Organization.” Letitia James said.
“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. In short, he lied to gain massive financial benefits for himself,” Letitia James said on Wednesday.
“We found that Trump, his family, and the Trump Org used fraudulent and misleading asset valuations over 200 times in 10 years on his annual financial statements. These statements were then used to obtain hundreds of millions of dollars in loans and insurance coverage,’ she added.
“There aren’t two sets of laws for people in this nation: former presidents must be held to the same standards as everyday Americans.” she added.
As promised, Letitia James has been harassing President Trump and his family since the day she was elected.
President Trump posted a blistering response to the lawsuit filed against him and his children by the “failed” New York Attorney General.
“Another Witch Hunt by a racist Attorney General, Letitia James, who failed in her run for Governor, getting almost zero support from the public, and now is doing poorly against Law & Order A.G. candidate, highly respected Michael Henry,” Trump wrote on Truth Social.
“Attorney General Letitia ‘Peekaboo’ James, a total crime fighting disaster in New York, is spending all of her time fighting for very powerful and well represented banks and insurance companies, who were fully paid, made a lot of money, and never had a complaint about me, instead of fighting murder and violent crime, which is killing New York State,” Trump wrote in a follow-up response. “She is a failed A.G. whose lack of talent in the fight against crime is causing record numbers of people and companies to flee New York. Bye, bye!”
In another follow-up response, Trump thanks the New York Times for pointing out that her lawsuit is likely to fail.