New York state is seeking $370 million from former President Donald Trump in the lawsuit accusing him of artificially inflating the value of his properties, according to court documents released Friday.
The amount sought is much higher than the $250 million that New York Attorney General Letitia James announced she would claim when she started the case in 2022.
The prosecutor is also seeking a lifetime ban for both Trump and two of his former executives. He NBC news portal He noted that James’ office had filed motions specifying that the former president owed $168 million in interest he allegedly saved through fraud, as well as $152 million for the sale of a building in Washington, D.C., where also one of his hotels is located. as $60 million for the transfer of a golf course contract and $2.5 million in compensation for a former chief financial officer and a former controller of the Trump Organization.
Donald Trump asks for the civil lawsuit against him for corporate fraud to be dismissed
A five-year ban for Donald Trump Jr. and Eric Trump is also added to what is needed.
It was explained that repeated and persistent fraud was committed in financial statements that were inflated by between $812 billion and $2.2 billion.
In an immediate response via his social network Truth Social, the Republican billionaire campaigning for November’s presidential election again attacked James, an African-American prosecutor whom he accuses of being “corrupt” and conducting a “witch hunt.”
“I have done nothing wrong. “My financial statements are good and very careful,” Trump said again on Friday.
Trump’s defense assures that there is no evidence to support fraud and that there was no impact in the real world.
This process began last October and after receiving testimony, the final arguments are expected to be presented on January 11, so that a decision will then be made. (JO)
Source: Eluniverso

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