A New York Investigation Finds Evidence of Trump Business Fraud
The New York attorney general’s office said in court filings late Tuesday that it has found “significant” evidence that former President Trump‘s company committed fraud, and asked a state judge to order Trump and two of his children to testify in the investigation.
Over the past year, the attorney general’s office said in its filings, the investigation “has developed significant additional evidence indicating that the Trump Organization used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions.”
New York Attorney General Letitia James (D) has outlined the focus of her office’s probe in recent years, but the filings on Tuesday mark the first time that the state’s top law enforcer has leveled any accusations of wrongdoing. James said that the investigation is ongoing and there has been no final determination of whether to charge the company with fraud.
