Posted 9/8/2023, 5:35:00 PM
New York AG Now Claims Trump Inflated Net Worth By Up To $3.6 Billion, Seeks Damages and Ban from NY Real Estate
- New York AG's office now alleges Trump inflated his net worth by up to $3.6 billion in 3 separate years between 2011-2021, much higher than previous $2.2 billion figure
- AG lawyers analyzed factors a market buyer/seller would weigh and say Trump's net worth further reduced by $1.9-3.6 billion per year
- Trump lawyers refute claim, say financial statements underreport his true net worth which is "billions more" than AG claimed
- AG seeks $250 million in damages, wants Trump and sons barred from being officers/directors of NY businesses or doing real estate deals for 5 years
- Hearing set for Sept 22; judge could issue decision same day on whether to dismiss lawsuit before Oct 2 trial