Today, Wednesday, New York Attorney General Leticia James filed a civil lawsuit against former US President Donald Trump and members of his family and associates for tax fraud.
She accused James Donald Trump, his son Donald Trump Jr, his daughter Ivanka, and others of fraud three years after she launched her investigations into the financial practices of the former president and his family within the framework of the Trump Organization.
The lawsuit stated that Trump and members of his family and close to him inflated asset valuations and reduced his net worth by billions, in order to obtain tax and insurance benefits, during the period between 2011 and 2021.
The attorney general said her office is seeking to fine the former president $250 million, ban his family from “permanently running business in New York,” and ban him and his company from buying property in the state for five years.
She also said that her office intends to make a criminal referral of the case to the Ministry of Justice.
Trump had previously denied any financial wrongdoing.
The Trump Organization is under investigation for possible financial crimes, and months ago, the organization's former chief financial officer, Allen Weisselberg, pleaded guilty to charges of tax fraud during his 15-year work with the organization, for which he was given a reduced sentence of 5 months in prison.
And last April, a New York judge ruled that former US President Donald Trump be fined $10,000 a day as long as he refuses to provide accounting and tax documents as part of a long-running civil investigation, accusing Trump of contempt of court.
At the time, New York State Attorney General Letitia James, a Democrat, called the ruling "a huge victory, as a court has ruled in our favor to convict Donald Trump of obstruction" of the investigation.