Stop suing and just fucking throw him in prison...

NY AG lawsuit alleges Trump Organization financial misrepresentations violate "host of state criminal laws"

Tierney Sneed

New York Attorney General Letitia James’ lawsuit alleges misrepresentations on financial statements that “repeatedly and persistently” violated a “host of state criminal law,” including insurance fraud, the falsification of business records and false financial statements. 

The attorney general's lawsuit cited federal law that the alleged conduct could have “plausibly” violated, including bank fraud and false statements to financial institutions, and the lawsuit said her office made a referral to federal prosecutors in Manhattan.

The lawsuit alleges fraud “committed by upper management at the Trump Organization” and approved “at the highest levels of the Trump Organization — including by Mr. Trump himself.” 

“These acts of fraud and misrepresentation grossly inflated Mr. Trump’s personal net worth as reported in the Statements by billions of dollars and conveyed false and misleading impressions to financial counterparties about how the Statements were prepared,” the lawsuit said. “Mr. Trump and the Trump Organization used these false and misleading Statements repeatedly and persistently to induce banks to lend money to the Trump Organization on more favorable terms than would otherwise have been available to the company, to satisfy continuing loan covenants, and to induce insurers to provide insurance coverage for higher limits and at lower premiums.”