New York Attorney General Letitia James sues former President Donald Trump over alleged business fraud

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New York Attorney General Letitia James sues former President Donald Trump over alleged business fraud
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Breaking: New York Attorney General Letitia James is suing former President Donald Trump and his three adult children over alleged business fraud.

Today, I filed a lawsuit against Donald Trump for engaging in years of financial fraud to enrich himself, his family, and the Trump Organization.

There aren't two sets of laws for people in this nation: former presidents must be held to the same standards as everyday Americans.Trump's eldest children, Donald Jr., Ivanka and Eric Trump, were also named as defendants, along with two longtime company executives, Allen Weisselberg and Jeffrey McConney.

"Mr. Trump and the Trump Organization repeatedly and persistently manipulated the value of assets to induce banks to lend money to the Trump Organization on more favorable terms than would otherwise have been available to the company, to pay lower taxes, to satisfy continuing loan agreements and to induce insurance companies to provide insurance coverage for higher limits and at lower premiums," James said during her press conference.

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