New York says Trump inflated net worth by up to $3.6 billion; Trump seeks dismissal

Published by Reuters By Jonathan Stempel NEW YORK (Reuters) – New York state's attorney general on Friday said Donald Trump may have fraudulently inflated his fortune by far more than previously thought, her latest salvo in preparation for trial in her civil lawsuit against the former U.S. president and his family business. In a filing […]

Sep 12, 2023 - 20:00
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New York says Trump inflated net worth by up to $3.6 billion; Trump seeks dismissal
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By Jonathan Stempel NEW YORK (Reuters) – New York state's attorney general on Friday said may have fraudulently inflated his fortune by far more than previously thought, her latest salvo in preparation for trial in her civil lawsuit against the former U.S. president and his family business. In a filing with a New York state court in Manhattan, Attorney General said her valuation and accounting experts believe Trump falsely boosted his net worth by between $1.9 billion and $3.6 billion a year over a decade. That's higher than the $812 million to $2.23 billion range sh…

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