When it seemed Donald Trump's legal troubles couldn't get worse, today's news is devastating: The New York attorney general has filed a brutal case accusing Trump of systemic fraud. -MaddowBlog
That was six weeks ago. This morning, James declared at a press conference that the former president, three of his adult children, and his business operation engaged in “intentional and deliberate fraud.”
Second, the New York attorney general said this morning that Trump World’s practices ran afoul of federal criminal law — andAs for the allegations themselves, James’ office filed, which detailed extensive efforts by the former president to, among other things, inflate his personal net worth in order to secure more favorable loans. From the NBC News report:
To that end, the state attorney general’s office, pointing to more than 200 instances of fraud over 10 years, is seeking roughly $250 million in civil penalties. , exposing evidence of “dubious tax schemes” and “outright fraud” that Trump used to get ahead. The findings painted a picture in which the then-president, far from a self-made man, relied heavily on legally dubious family handouts.on his financial history, leaving little doubt that he’s spent much of his adult life meandering between failures and fraudulent endeavors.
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