Credit: Unsplash

New York Attorney General Letitia James sued Trump for engaging in widespread fraud.

Former US President Donald Trump is currently mired in legal issues, with one of the largest currently on his shoulders being the ongoing FBI investigation into the classified government documents obtained from his Mar-a-Lago estate in a raid. Yesterday, on top of that ongoing investigation, Trump was been saddled with another legal burden, this time in the form of a lawsuit from New York Attorney General Letitia James.

James filed a massive lawsuit on Wednesday, suing Trump, three of his adult children, and the Trump Organization for widespread financial fraud. According to the filing, not only does this fraud encompass the majority of Trump’s business pursuits, including his properties and golf courses, but the fraud has lasted for well over a decade. The primary complaint is that Trump deliberately lied about the value of his properties to lenders, insurers and tax authorities and pocketed the difference.

“This conduct cannot be brushed aside and dismissed as some sort of good-faith mistake,” James said at a news conference in New York.

“The statements of financial condition were greatly exaggerated, grossly inflated, objectively false, and therefore fraudulent and illegal,” she added. “And as a result of that we are seeking relief, and Mr. Trump, the Trump Organization, his family – they should all be held accountable.”

“These acts of fraud and misrepresentation were similar in nature, were committed by upper management at the Trump Organization as part of a common endeavor for each annual Statement, and were approved at the highest levels of the Trump Organization – including by Mr. Trump himself,” the lawsuit states.

James is seeking $250 million in damages to New York state, as well as a ban on any adult member of Trump’s family from serving as a business director in the state. James is also looking to cancel the Trump Organization’s corporate certificate, which would effectively halt any and all business dealings in New York.