New York Attorney General Letitia James.
photo:
Peter Foley/Shutterstock
New York’s attorney general on Wednesday filed a civil fraud lawsuit against former President Donald Trump and his companies and their leadership, following a three-year investigation into whether the Trump Organization wrongly assessed assets for financial gain.
The lawsuit, filed by Democratic state Attorney General Letitia James, follows an investigation that began in 2019 when Michael Cohen, Trump’s former personal attorney, testified before Congress that the then-president inflated and downsized his assets to obtain financial benefits from lenders, insurance companies. and tax authorities.
In addition to Mr. Trump, the lawsuit also names three of his adult children — Donald Trump Jr., Eric Trump and Ivanka Trump — and two longtime Company officials Alan Weisselberg and Jeffrey McConney are named as defendants.
Mr. Trump and the Trump Organization have denied wrongdoing and have repeatedly tried to stop or delay the investigation.
write to Corinne Ramey at Corinne.Ramey@wsj.com and James Fanelli at james.fanelli@wsj.com
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