Former President Donald Trump, his three children, and his company, the Trump Organization, could face a civil trial for fraud charges as soon as next year, if a court follows the “expedited” timeline sought by New York Attorney General Letitia James. approves.
A lawyer in the attorney general’s office made the request, saying in a filing Thursday that because the trial against Trump and his company “contains allegations of an ongoing plan … it is imperative that the case proceed quickly.” ”
JamesOn September 21, Trump accused Donald Trump Jr., Eric Trump, Ivanka Trump and other company executives of unfairly inflating the values of a wide range of properties in their international real estate empire.
An attorney for Trump did not respond to a request for comment, nor did an attorney for Donald Trump Jr. and Eric Trump. Ivanka Trump does not yet have a lawyer on record in the case.
The complaint accuses the company of more than 200 instances of false asset valuations, which have been described as “purposefully false assumptions and clearly unreasonable misrepresentations and fraudulently defrauding Mr. Trump’s net worth to obtain advantageous financial terms from lenders”. is being obtained with the aim and purpose of obtaining and the insurer.”
The lawsuit seeks $250 million for the state and the cancellation of the Trump Organization’s certificate of business, which would effectively bar it from doing business in New York. The suit asks a judge to permanently ban Trump and his children from serving as officers or directors of any business in New York, including their family’s company, and upon them acquiring real estate in New York. Seeks a five-year ban. Or applying for a loan from a company based in New York.
Requesting a speedy turnaround for the trial date, the attorney general’s senior enforcement attorney, Kevin Wallace, cited “extensive litigation” prior to filing the lawsuit.
three yearsWhat was handled as a “special proceeding” in which a New York judge presided over a long series of contentious disputes about summons and other issues, often in public filings and hearings.
Alina Habba, an attorney for Trump, moved this week to reassign the case to a different judge in the state’s commercial division, while Wallace argued in the filing that the “special proceedings,” judge Arthur Angoron, oversee. are best suited for. court case.
Wallace wrote that it would be unfeasible to ask a new judge to “develop the level of familiarity Justice Angoron has already developed over the years” while reviewing “thousands of documents” in the case.