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On Sept. 21, 2022, New York Attorney General Letitia James filed a civil fraud lawsuit accusing Donald Trump, the Trump Organization and three of his adult children of years of misleading asset valuations and financial statements. The suit seeks at least $250 million and restrictions that could bar the Trumps from serving as officers or directors of New York corporations.
Why it matters: Fraud suit
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On Sept. 21, 2022, New York Attorney General Letitia James filed a civil fraud lawsuit accusing Donald Trump, the Trump Organization and three of his adult children of years of misleading asset valuations and financial statements. The suit seeks at least $250 million and restrictions that could bar the Trumps from serving as officers or directors of New York corporations.
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