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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.
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