2023-08-31 09:17:40
the office of the fiscal New York general has accused the former president of USA Donald Trump to increase your patrimony personal net to financial institutions in more than 2,200 million dollars (2,000 million euros) in one year.
This accusation is part of a civil claim that New York prosecutor Letitia James filed against Trump, some of his children and the Trump Organization, alleging efforts over more than a decade to inflate the businessman’s wealth in order to attract favorable loans.
According to calculations presented by prosecutors, Trump routinely overstated his personal financial situation from 2011 to 2021, and he overstated his personal financial situation by comparable levels while in office.
“Deceptive Practices”
“Correcting these and other flagrant and obvious deceptive practices by defendants reduces Trump’s net worth by 17% to 39% each year, or $812 million to $2.2 billion, depending on the year,” says the document, which points to the greatest disparity taking place in 2014.
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In a recently released statement from the case, Trump testified that he had “very little or no” involvement in the preparation of the financial statements. Meanwhile, his legal team responded with a court filing stating that the case should be dismissed because the finances of the trump organization they are not deceptive, reports the television network CNN.
Donald Trump Jr. y Eric Trump they currently serve as executive vice presidents of the Trump Organization and have prominent roles in their father’s corporate arm. Ivanka Trump was previously included in the lawsuit, but a state appeals judge dismissed it.
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