“New York Attorney General Letitia James alleged on Tuesday that former president Donald Trump’s business inflated the value of his properties and misstated his personal worth in representations to lenders, insurance brokers and other players in his real estate empire,” the Washington Post reports.
“In a nearly 160-page filing, James cited multiple examples of Trump allegedly lending his signature to financial statements that estimated the worth of properties in the Trump Organization portfolio and the value of his own fortune — estimates that James’s team has long suggested were misleading and potentially key to taking legal action against the Manhattan-based company.”
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