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does not amount to the art of the deal. it s the art of the steal. letitia james filed a sweeping lawsuit not just against donald trump but three of his adult children and the trump organization as a whole. james alleges they were all involved in a staggering fraud scheme lasting over a decade so the former president could enrich himself. they stand accused of lying to lenders, lying to insurance brokers, lying to tax officials, and more. ma nipulated the value of records. insurance fraud. each statement was personally certified as accurate my mr. trump. the pattern of fraud and deception that was used by mr. trump at the trump organization for their own financial benefit is astounding. and it is all in stark violation of the law. james claims there are possible violations of state and federal laws but her office lacks authority to file criminal charges, so she referred her findings to the federal prosecutors in manhattan and the irs. what she s seeking is in this ....
At the time, no apartment in new york city, even brand-new ones, had ever sold for even a third of that price. i m omar jiminez in trump international tower in chicago. it s one of the tallest buildings in the u.s. and six months ago the penthouse reportedly sold for $20 million. since it opened in 2009, the building s value has been left off of trump organization statements. the a.g. points out that in donald trump s sworn testimony, he wanted it that way. he wanted to keep it off the books because to the irs the building was listed at worthless. yet, less than three years after it opened, it was listed, the lawsuit says, as collateral in a $107 million loan. i m joe johns at the old post office here in washington, d.c., a building the trump organization never actually owned. but they did have a ground lease. ....
And more. ma nipulated the value of records. insurance fraud. each statement was personally certified as accurate my mr. trump. the pattern of fraud and deception that was used by mr. trump at the trump organization for their own financial benefit is astounding. and it is all in stark violation of the law. james claims there are possible violations of state and federal laws but her office lacks authority to file criminal charges, so she referred her findings to the federal prosecutors in manhattan and the irs. what she s seeking is in this particular suit is to have donald trump pay a $250 million judgment, a ban on the trump s running any new york businesses for good, and to ban donald trump and the trump organization from buying commercial real estate in new york for five years. donald trump has responded by ....
Lashing out at james personally and professionally saying, in part, in his new social media post. he says, quote, another witch hunt by what he calls a racist attorney general and called letitia james a fraud. a spokesperson for the trump organization added that it s all part of a political vendetta. the details of the case, however, are laid out in a 222-page filing. so, to help us break down the specifics of trump s alleged schemes, we have a team of cnn reporters outside some of the former president s most well-known buildings. reporter: hi sara, i m outside trump tower in midtown. the new york attorney general claims donald trump not only inflated the value but also the size of his own apartment in the building, claiming it was 30,000 square feet when it was less than 11,000. the lawsuit alleges in 2015 that inflated the value of the property to $327 million. ....