Trump Accused of Vastly Inflating Net Worth by Billions for Years in Fraud Lawsuit
- New York attorney general alleges Trump inflated his net worth from 2011-2021 by up to $3.6 billion a year to deceive lenders and insurers.
- October trial scheduled to last nearly three months with massive amounts of evidence and numerous witnesses and experts.
- Trump denies wrongdoing, calls it a "crusade" and partisan "witch hunt", and seeks dismissal of the case.
- Lawsuit seeks $250 million in damages, ban on Trumps leading NY companies, and prohibition on buying commercial property.
- Inflated valuations allegedly helped Trump obtain better terms on loans, insurance, and other business deals.