James says he has a “mountain of evidence” that the former US president misled banks with accounting tricks. Between 2011 and 2021, he is said to have exaggerated his wealth by $1.9 billion (1.8 billion euros) to $3.6 billion (3.4 billion euros).
James asked the court in New York to hold Trump responsible for this. She wants that to happen before October, because it could impact a substantive case against Trump that would be filed then. In this case, James is demanding that Trump, his two eldest sons, and his company repay the government $250 million, and ban Trump from ever running a business in New York State again.
A Trump spokesman denies the new accusations: “As we will prove in court, the Attorney General’s case is seriously flawed and her calculations are completely incorrect.” Meanwhile, James talks about a “conservative estimate.”
Presidential elections are scheduled to be held in the United States in November next year. In the lead-up, Trump, who has officially announced his candidacy, must deal with several legal issues.