NEW YORK: The New York attorney general on Friday told a judge her office was low-balling when it said Donald Trump pumped up his net worth by up to U...
: The New York attorney general on Friday told a judge her office was low-balling when it said Donald Trump pumped up his net worth by up to US$2 billion when running his dad’s real estate empire — and that he actually exaggerated it by US$3.6 billion.
“There is far more evidence beyond just what is undisputed that the People will present at trial, as necessary, to establish the enormous extent to which Trump’s net worth was overstated in each year from 2011 to 2021,” lawyers for the AG wrote in Manhattan Supreme Court filings. The evidence Trump doesn’t dispute — like valuing his Trump Tower Triplex based on it being around 33,000 square feet when, in reality, it’s around 10,000 square feet — shows him annually inflating his worth by between US$812 million to US$2.2 billion, James showed in court filings last week.
As Trump’s lawyers asked for the case to be thrown out, James’ office asked state Supreme Court Judge Arthur Engoron on Aug 30 to find them liable for one of her chief claims alleging their financial statements from 2011 to 2021 were false or misleading and repeatedly used in business transactions.
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