New York’s attorney general has filed a fraud lawsuit against Trump and his children

According to the lawsuit, Mr. Trump’s business empire inflated the value of its real estate in order to get better loan terms from banks or understated the net worth of the assets under management by billions of dollars to avoid higher taxes.

As L. James told reporters, the prosecutor’s office seeks to fine D. Trump for 250 million. US dollars (euros), and his family would be “permanently” banned from “doing business in New York.”

In addition, they want to ban the former US president and his company from buying real estate in the state for five years.

L. James also indicated that the prosecutor’s office headed by her is sending a recommendation for criminal prosecution to the US Department of Justice.

The former president himself denounced New York’s move on Wednesday as “another witch hunt” and called James, who is black, “racist.”

“Another witch hunt by the racist Attorney General Letitia James who had a fiasco running for governor with almost no public support,” Trump said on his Truth Social platform.

At the time, his spokeswoman, Liz Harrington, denounced the prosecutor’s decision as a political move by a Democratic official.

“A tale of two justice systems: one where criminals go free and the other where Democrats persecute only their political opponents!” Harrington wrote on Truth Social.

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