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That's much more than the $250 million the attorney general sought in her fall 2022 lawsuit.
Published on May 1, 2024 9:32 p.m
Reading time: 1 min
Former US President Donald Trump in Waterloo, Iowa, December 19, 2023. (KAMIL KRZACZYNSKI / AFP)
New York State, which filed a financial fraud civil lawsuit against former US President Donald Trump, his sons and their Trump Organization real estate empire, is now seeking “$370 million” in damages from them, according to court documents dated Friday, March 5 January, shows .
That's far more than the $250 million that Attorney General Letitia James sought in her fall 2022 lawsuit, which triggered the ongoing financial fraud civil trial in New York City Court, where Donald Trump and his sons Donald Jr. and Eric have testified since October.
The 77-year-old ex-president and the other defendants are accused of having enormously inflated the value of skyscrapers, luxury hotels and golf courses in the heart of the Trump empire in the 2010s in order to obtain cheaper bank loans and better insurance conditions. Since the trial began on October 2, the Republican billionaire has railed against justice every time he appears in court, denouncing a “witch hunt” or a “trial worthy of a banana republic.” After attacks on his employee, the judge banned Donald Trump from speaking about his team and imposed two fines totaling $15,000 for violating the order.
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