New York Attorney General Letitia James files a $250 million lawsuit against Donald Trump, Ivanka Trump, Donald Trump Jr., Eric Trump, and the Trump Organization for alleged fraud

New York Attorney General Letitia James has made it her mission for months to take down disgraced former president Donald Trump — and it looks like her latest move is set to do just that. During a press conference earlier today, Letitia James announced the filing of a $250 million lawsuit against Donald Trump, the Trump Organization, and his three adult children, Ivanka Trump, Donald Trump Jr. and Eric Trump due to multiple fraud allegations.

@CNN reports that, in a civil lawsuit over 200 pages long, James is suing Donald Trump, the Trump Organization and his three adult children for $250 million for allegedly using fraudulent funds for multiple businesses. Trump’s career, including various real estate and golf courses. The lawsuit further claims that Trump and the Trump Organization knowingly misled lenders, insurance companies, and tax authorities by lying about the value of his assets using misleading assessments.

In addition to seeking $250 million, Attorney General James also wants Donald Trump and his children to be permanently banned from serving as directors of any business registered in the state of New York. James seeks to revoke the Trump Organization’s corporate certificate, meaning that if the legal move is formally granted by a judge, it would force the Trump Organization to permanently cease operations in the state of New York.

According to the civil suit, “These frauds and misrepresentations, of a similar nature, were perpetrated by senior Trump Organization management as part of a joint effort for each Annual Statement and have been approval at the highest levels of the Trump Organization — including by Mr Trump himself,” the lawsuit states.

That’s not all the troubles for the Trump family, though, as Letitia James also said she believes they also broke criminal and state laws and has officially referred that investigation to the law office. United States Attorney for the Southern District of New York and the Internal Revenue Service.

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