Trumps inflated net worth by billions, says NY state lawsuit

bbc.com

Trumps inflated net worth by billions, says NY state lawsuit

Donald Trump and three of his children have been hit with a fraud lawsuit after a New York investigation into their family company - the Trump Organization.

It alleges that they lied "by billions" about the value of real estate in order to get loans and pay less tax.

Prosecutors say the Trump Organization committed numerous acts of fraud between 2011-21.

Mr Trump has dismissed the lawsuit as "another witch hunt".

The former president's eldest children, Donald Jr, Ivanka and Eric Trump, were also named as defendants alongside two executives at the Trump Organization, Allen Weisselberg and Jeffrey McConney.

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