Since Wednesday August 30, Donald Trump, who wants to be re-elected President of the United States, has been accused, in the context of a civil complaint for fraud of 2022, by the justice of New York of having overstated “billions of dollars » its portfolio each year from 2011 to 2021.
New York State Attorney General (equivalent to Regional Attorney General) Letitia James filed hundreds of pages of accusatory documents with the local Supreme Court to support her civil suit in September 2022 to claim from Mr. Trump, his children and their group, the Trump Organization, 250 million dollars (230 million euros) in damages for tax and financial fraud.
Ms James, an elected Democratic Party magistrate, accuses the Republican billionaire and his children of “deliberately” manipulating – up and down – the valuations of the group’s assets – golf clubs, luxury hotels and hotels. other properties – to obtain better loans from banks or to reduce their taxes.
A civil trial is scheduled to take place in New York starting Oct. 2, following a preliminary hearing in the state Supreme Court on Sept. 22.
falsely inflate
In court documents released by Ms. James’s office, the prosecution finds that Mr. Trump overstated his financial situation each year between 2011 and 2021 – including when he was in the White House from 2017 to 2021 – “between 17 % and 39%, or between $812 million and $2.2 billion” each year.
“Since at least 2011, the defendants and others working for them at the Trump Organization have falsely inflated the value of their assets recorded on Donald J. Trump’s annual financial statement by billions of dollars,” write the new prosecutors. yorkers.
“Faced with this compelling evidence, the court does not need a trial to determine that the defendants have significantly inflated the value of their assets,” Ms. James’ office said in a court document.
In January, the Trump Organization had already been sentenced in New York – but criminally – to a maximum fine of $ 1.6 million for financial and tax fraud.
The civil trial this fall promises, if held, to be more spectacular, before all the trials awaiting Donald Trump in 2024, when he hopes to return to the White House on January 20, 2025.
In the case of Ms. James’ complaint, Mr. Trump often denounced a “ridiculous” case conducted by a “racist” African-American magistrate.
