Trump and His Business Accused of Falsely Inflating Net Worth by Billions in Fraud Trial
New York, NY – Former President Donald Trump and his business are facing allegations of using deceptive tactics to inflate his net worth. According to court filings from the New York attorney general’s office, Trump and several top executives, including his adult sons, engaged in “myriad deceptive schemes” to artificially inflate the value of the Trump Organization’s assets. The focal point of the attorney general’s case is Trump’s statements of financial condition, which provide details on the value of the organization’s assets. These documents were submitted to banks and insurers in order to secure loans … Read more