New York Attorney General Letitia James Tuesday requested the New York Supreme Court sanction former President Donald Trump, the Trump Organization, and his children following improper filings in a civil lawsuit against Trump. James filed the lawsuit in late September 2022, alleging financial fraud by the Trump organization and its management.
In the request, James claimed that Trump’s pre-trial filings, which answered the original complaint of the suit, are filled with deficiencies. According to James, Trump’s legal team falsely denied facts that they previously admitted. Trump’s legal team also denied knowledge sufficient to respond to the complaint and used defenses previously rejected by the court.
James requested that the court hold a pre-trial meeting to discuss the inaccurate facts presented by Trump and his legal team. At the meeting, James also requested that the court dismiss Trump’s filed defenses as frivolous and sanction Trump and his legal team.
James’ civil lawsuit against the Trumps is the result of a three-year investigation. The lawsuit alleged that Trump, with the help of his children Donald Jr., Ivanka and Eric, “falsely inflated his net worth by billions of dollars to induce banks to lend money to the Trump organization.” The lawsuit alleged that, over the course of 10 years, Trump knowingly and intentionally entered more than 200 false valuations of assets on financial documents in violation of New York Executive Law 63(12). James and the New York Attorney General’s Office are seeking a $250 million dollar penalty and prohibiting any member in the lawsuit from holding officer or director status in any New York corporation licensed or registered in the United States.