‘Significant Evidence’: New York Attorney General Alleges Trump Organization Misstated Value Of Assets For Economic Gain

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‘Significant Evidence’: New York Attorney General Alleges Trump Organization Misstated Value Of Assets For Economic Gain
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James’ filing alleges that the Trump organization used “fraudulent or misleading” valuations to obtain loans, insurance coverage, and tax deductions

: “Letitia James wants to politically weaponize her position as Attorney General instead of exemplifying impartiality and protecting the interests of all New Yorkers.”The New York Attorney General’s civil probe is just one of several investigations against the former president and his businesses, though Trump himself has so far not been personally accused of any wrongdoing.

In June, the Trump Organization and its former CFO Allen Weisselberg were bothby a Manhattan grand jury as part of that criminal investigation—then headed by former Manhattan District Attorney Cyrus Vance. The indictment alleged a 15-year tax evasion scheme that paid company executives $1.7 million million in untaxed money.

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