New York Attorney General Letitia James on Tuesday asked a judge to sanction former US President Donald Trump, his adult children, the Trump Organization and their attorneys for responding to a $250 million civil fraud lawsuit against them . The lawsuit involves the valuation of assets in the Trump family’s real estate companies. In addition to the ex-president, his sons, Donald Jr. and Eric, and his daughter Ivanka are also being sued.
Specifically, it is about annual information on the financial situation from 2011 to 2021. According to James’ allegations, the Trump family is said to have increased or decreased their finances depending on their needs, for example to get loans more easily or to pay less taxes. According to James, Deutsche Bank is also said to have granted such loans.
In a letter to Judge Arthur Engoron, Letita James’ office said it was not satisfied with the responses the defendants had formally filed: “They deny facts they have admitted in other trials.” it about the former President and his children.
The family would deny matters clearly within their knowledge, using defenses “which have been repeatedly rejected by this court as frivolous and unfounded”. For example, Trump has denied serving as the “inactive president” of the Trump Organization while in the White House. He claimed exactly that in his own affidavit in another trial on October 18, 2021.
The court has already warned the accused and their lawyers, it is said, but has not exercised its discretion to impose sanctions. “It doesn’t look like that did anything.” No information was given in the letter about the amount of a possible fine.
Which: “Reuters”
