New York AG Accuses Trump of Inflating Net Worth by $2.2 Billion

New York Attorney General Letitia James has accused former President Donald Trump of fraudulently overvaluing his properties by up to $2.2 billion over a decade. James seeks to bar Trump and his children from leading the Trump Organization and impose a fine of around $250 million. Trump's lawyers argue that the case should be thrown out, citing a recent appellate court decision. Both sides have filed for summary judgment, and a hearing is scheduled for late September. The lawsuit disputes the value of Trump's properties, including Mar-a-Lago and Trump Tower, and alleges fraudulent financial statements to obtain loans.