New York’s Democratic attorney general is asking a court to enforce subpoenas into an investigation into whether President Trump and his businesses inflated assets on financial statements.
FILE- In this Nov. 19, 2019 file photo, New York State Attorney General Letitia James speaks during a news conference at her office in New York. James asked a court Monday, Aug. 24, 2020 to enforce subpoenas into an investigation into whether President Donald Trump and his businesses inflated assets on financial statements.
NEW YORK — New York’s Democratic attorney general asked a court Monday to enforce subpoenas into an investigation into whether President Donald Trump and his businesses inflated assets on financial statements. The attorney general’s office is investigating whether the Trump Organization and the president improperly inflated the value of assets to secure loans and obtain economic and tax benefits. Investigators are looking into whether the Trump Organization and its agents improperly inflated the value of the Seven Springs north of the city.In the court filings, the attorney general’s office wrote that “information regarding the valuation of Seven Springs is significant” to the office’s investigation.
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