New York sues Trump and three of his children for corporate fraud

new demand to swell the mountain of thousands of lawsuits accumulated by donald trump throughout his life, the latter, in charge of one of his most inquisitive nemesis. New York Attorney General, Letitia Jamespresented this Wednesday a civil lawsuit against him former president of the united statesthree of his children and two executives of his company for business fraudspecifically for manipulate the value of its properties to get advantageous interest loans Y pay less taxes. The decision of the prosecution culminates more than two years of investigations against the republican tycoonwho faces four other active investigations for different reasons, from his role in the storming the capitol to the use he made of hundreds of classified documents.

These latest accusations point directly against the modus operandi so many times described by biographers and journalists who have investigated the fortune of the New Yorker. And it is that, according to James, throughout his career Trump has dedicated himself to inflate your wealth when it was convenient for him to enhance his image as a billionaire, while allegedly declaring a much lower value for his assets to reduce his tax bill. so much that for more than a decade he barely paid a dollar in income taxes. “Donald Trump falsely inflated his wealth by billions of dollars to unjustly enrichcheating the system and cheating all of us & rdquor ;, said James during a press conference in New York.

Three of his imputed sons

The case has also included Ivanka, Eric Y Donald jr, the three sons of the tycoon most involved in the family business. The lawsuit calls for New York Supreme Court to prohibit all of them from playing executive positions in New York companies and prevent the Trump Organization can acquire new real estate properties in the state or receive loans from banks based in New York for five years. He also aspires to recover $250 million which, according to the prosecution, were obtained through fraud and deception.

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Being a civil lawsuit, there is no risk that the septuagenarian businessman and politician could end up in jail, although James assured that he will send the case to the Department of Justice and the Public Treasury to investigate possible violations of federal law.

This latest run-in with the law is not called to change the influence that Trump maintains over the Republican Party, in which he continues to serve as the undisputed leader 18 months after leaving the White House. Although the populist tycoon has not yet announced his intentions for the 2024 presidential, is fully involved in the legislative elections in November. He has already announced that he will participate in various rallies, virtual debates and fundraising events. A poll earlier this month from PBS, Marist and NPR concluded that sOnly 28% of Americans want him to run. to regain the presidency, compared to more than 60% who oppose the idea.

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