New York Attorney General Letitia James asked the court to collect $370 million from former US President Donald Trump in case the value of the Trump Organization’s assets is inflated. This was reported by TASS Citing information from ABC television.
According to prosecutors, Trump managed to make $370 million through the alleged fraud. James also requested that Trump and two other employees of his organization be barred from conducting real estate transactions in New York State.
Court keeps in mind Fraud case against the Trump Organization and its owner since September 2022. According to the prosecutor, the company inflated the prices of the properties in order to obtain more favorable loan and insurance conditions. The cost is believed to be inflated to between $2.23 billion and $3.6 billion.
Trump’s defense also argues that the price of property can change over time depending on a variety of factors.
Previously Trump accused When receiving money from China.