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

Lawyers for the New York attorney general's office allege that Donald Trump inflated his net worth by as much as $2.2 billion in one year, as part of their civil fraud lawsuit against him, his adult sons, and the Trump Organization. The attorney general's office claims that correcting the Trump financial statements for alleged misvaluations reduces his net worth by between 17-39% each year, with the $2.2 billion disparity occurring in 2014. Trump's lawyers argue that the case should be dismissed, asserting that the financial statements were not misleading. The attorney general's office is seeking to find that Trump and others made false or misleading financial statements from 2011-2021 and benefited from inflating his assets. The judge is expected to rule on the motions just before the trial.