politics @lemmy.worldEnglish • 1 year ago

Trump fraudulently inflated his net worth by billions of dollars, New York AG says

www.politico.com

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Trump fraudulently inflated his net worth by billions of dollars, New York AG says

www.politico.com

@MicroWave@lemmy.world to

politics @lemmy.worldEnglish • 1 year ago

The estimates came in newly unsealed court filings ahead of an October trial in which Trump and his business empire are accused of fraud.

Donald Trump fraudulently inflated his net worth by as much as $2.2 billion per year, New York officials said in court filings unsealed Wednesday ahead of his upcoming civil fraud trial.

The new estimates came in filings from the New York state attorney general’s office, which is suing Trump, some of his adult children and his business empire for falsifying his net worth in an effort to obtain favorable terms from banks and insurance companies. The trial is set to begin Oct. 2.

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@_Sc00ter@lemmy.ml
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5•1 year ago
This is a civil case, so no
- donuts
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  5•1 year ago
  Sure but is financial fraud not a crime? Why not charge him criminally if he has been demonstrably fraudulent? I’m not a lawyer and I guess I don’t really understand.

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