New York AG is acting to force Trumps to testify in a case of financial fraud

New York Attorney General Letitia James on Tuesday night sued former President Donald Trump and two of his children, Donald Trump Jr. and Ivanka Trump, to force them to testify in a civilian investigation into the Trump organization’s economic transactions.

James filed a proposal to force with the Supreme Court of the State of New York, requesting a court order to enforce the subpoenas and her office’s requirements for documents from Donald Trump Jr.

“For more than two years, the Trump organization has been using delay tactics and lawsuits in an attempt to thwart a lawful investigation of its financial transactions,” James said in a statement. “So far in our investigation, we have uncovered significant evidence to suggest that Donald J. Trump and the Trump organization incorrectly and fraudulently valued multiple assets and misrepresented those values ​​to financial institutions for economic benefit.”

These misrepresentations, James said, may have been used to secure loans, insurance coverage or tax deductions for buildings in New York City and golf courses in New York and Scotland, among other possessions.

James’ office sued the three Trumps in recent weeks as part of a years-long investigation into the Trump organization, the first time her office announced it was seeking information from Ivanka Trump and Donald Trump Jr. The investigation began in March 2019, shortly after. Trump’s longtime lawyer Michael Cohen testified before Congress that the business magnate had inflated some assets to obtain favorable loan terms and at the same time devalue others to pay less in taxes.

The Trump family has sued the Attorney General’s Office to have the case thrown out, saying in December that the case was a “thinly veiled effort to publicly slander Trump and his staff.”

However, James said Tuesday that “no one in this country can pick and choose if and how the law applies to them.”

“We will not be deterred in our efforts to continue this investigation and ensure that no one is above the law,” she said.


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