New York Fraud Case Puts Trump’s Business Claims Under a Microscope
New York’s attorney general filed a civil fraud lawsuit against Donald Trump, the Trump Organization, and senior management on Sept. 21, 2022, and by Sept. 28 the case was still active. The complaint says Trump and his company repeatedly misstated asset values and net worth to help secure loans, insurance, and other financial benefits.
First recorded Sep 22, 2022·Meaningfully updated Sep 28, 2022
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New York Fraud Case Puts Trump’s Business Claims Under a Microscope
New York’s attorney general filed a civil fraud lawsuit against Donald Trump, the Trump Organization, and senior management on Sept. 21, 2022, and by Sept. 28 the case was still active. The complaint says Trump and his company repeatedly misstated asset values and net worth to help secure loans, insurance, and other financial benefits.
New York’s attorney general filed a civil fraud lawsuit against Donald Trump, the Trump Organization, and senior management on Sept. 21, 2022, and by Sept. 28 the case was still active. The complaint says Trump and his company repeatedly misstated asset values and net worth to help secure loans, insurance, and other financial benefits.
A day after New York’s attorney general filed a civil fraud suit against Donald Trump and members of his family, the fallout centered on allegations that his company used inflated asset values and misleading financial statements for years. No court had ruled on the claims by September 22, but the complaint set off a fresh round of legal and political damage control.
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