Trump lied about net worth & committed fraud, NY attorney general alleges in new $250M lawsuit

Former President Donald Trump falsely inflated his inflated his net worth by billions to unjustly enrich himself and to cheat the system, New York Attorney General Letitia James alleged at a press conference. James has filed a civil lawsuit against Trump, alleging that he committed business fraud with the help of his children, Donald Trump Jr, Eric Trump and Ivanka Trump and other business advisers. The lawsuit seeks $250 million in penalties and seeks to bar any members of the Trump family from being on a board of directors or running any corporation in the state of New York.