In her motion for a preliminary injunction, Attorney General Letitia James accuses the Trump Organization of continuing fraudulent activities and also taking steps to potentially shield itself from the allegations.
NEW YORK — New York’s attorney general has asked a judge to bar Donald Trump’s company from selling or transferring assets without court approval, saying it had engaged in a devious attempt to duck potential penalties in her fraud lawsuit against the former president.
“Beyond just the continuation of its prior fraud, the Trump Organization now appears to be taking steps to restructure its business to avoid existing responsibilities under New York law,” lawyers for James wrote in their court filing Thursday.Trump’s attorney, Alina Habba, dismissed the idea of court oversight as unnecessary.
In a lawsuit filed last month, James’ office accused Trump of habitually misleading banks and others about how much assets like his golf courses and other real estate were worth. In the latest filing, James said the organization continued to use improper methods of creating valuations. In her motion for a preliminary injunction, James’ office said it had raised concerns with the Trump legal team about assets being moved out of state and asked for assurances that there would be no changes or that it would get reasonable notice if there were going to be some.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York attorney general asks court to block Trump Organization from moving assets | CNN PoliticsNew York Attorney General Letitia James asked a state court on Thursday to block the Trump Organization from moving assets and from continuing what she has alleged to be a decade-long fraud as part of her lawsuit claiming former President Donald Trump and three of his adult children were involved in rampant fraud that enriched themselves.
Read more »
Trump Organization assets should be frozen, New York attorney general asks courtAttorney General Tish James asked a state court Thursday to freeze the Trump Organization’s New York assets and install an independent monitor in her civil suit targeting the former president and his real estate business.
Read more »
New York attorney general asks court to block Trump Organization from moving assetsNew York Attorney General Letitia James' office said the company has 'continued using practices they knew to be improper or fraudulent.'
Read more »
Indiana Supreme Court upholds hold on abortion ban, plans to take jurisdictionThe Indiana Supreme Court has granted Attorney General Todd Rokita’s request to skip the Court of Appeals and take up immediate jurisdiction in the legal fight over Indiana’s new abortion law.
Read more »