Letitia James: Latest News

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Donald Trump - Letitia James - Why isn't Donald Trump in cuffs if AG's probe found potential crimes? - fox29.com - New York - city New York - city Washington - city Chicago - city Manhattan
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Why isn't Donald Trump in cuffs if AG's probe found potential crimes?
NEW YORK (AP) - New York's attorney general says her three-year investigation of former President Donald Trump uncovered potential crimes in the way he ran his real estate empire, including allegations of bank and insurance fraud.So why isn't Trump being prosecuted?Attorney General Letitia James didn't seek to slap handcuffs on the Republican this week, as some of his critics hoped. Instead, she announced a civil lawsuit seeking $250 million and his permanent banishment from doing business in the state.Like many things involving the law and Trump, the reasons James, a Democrat, opted for a lawsuit rather than a prosecution are complicated.For one, even if she did want to prosecute Trump, she doesn't have jurisdiction under state law to bring a criminal case against him or any of the lawsuit's other defendants, including the Trump Organization and his three eldest children, Donald Jr., Ivanka and Eric Trump.In New York, the state attorney general's office is only allowed to prosecute a limited range of offenses on its own, like bid rigging and payroll violations.Otherwise, the office must partner with a county district attorney on a prosecution — as James' office did with the Manhattan district attorney's office in a case against Trump's longtime finance chief — or obtain what's known as a criminal referral from the governor or a state agency that has jurisdiction over the alleged wrongdoing.New York Attorney General Letitia James has filed a lawsuit against former President Donald Trump and the Trump Organization alleging business fraud involving several assets, including properties in Manhattan, Chicago and Washington, D.C.
Donald Trump - Ivanka Trump - Letitia James - Eric Trump - Allen Weisselberg - Alina Habba - NY attorney general sues Donald Trump - fox29.com - New York - city New York - city Washington - city Chicago - city Manhattan
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NY attorney general sues Donald Trump
Donald Trump (Official White House photo) NEW YORK - New York's attorney general is suing former President Donald Trump and his company, accusing business fraud involving some of their most prized assets, including properties in Manhattan, Chicago and Washington, D.C. The lawsuit, which follows a three-year civil investigation by Attorney General Letitia James, also names Donald Trump Jr., Ivanka Trump, and Eric Trump — the former president's eldest children — as well as two longtime executives for the Trump Organization, former CFO Allen Weisselberg and Jeffrey McConney."Donald Trump falsely inflated his net worth by billions of dollars to unjustly enrich himself, and cheat the system, thereby cheating all of us," James said at the news conference.Her office has investigated what she said were the company's fraudulent or misleading valuations for its properties on annual financial statements that were given to potential business partners, banks or tax officials. The goal of the fraud was to burnish Trump's billionaire image and the value of his properties when doing so gave him an advantage, while playing down the value of assets at other times for tax purposes, the attorney general's office has said.Alina Habba, an attorney for Trump, said the lawsuit is "neither focused on the facts nor the law" but is about "advancing the Attorney General's political agenda.""It is abundantly clear that the Attorney General's Office has exceeded its statutory authority by prying into transactions where absolutely no wrongdoing has taken place," Habba said.
Donald Trump - Letitia James - Trump to testify Wednesday in NY investigation - fox29.com - New York - city New York - state Florida - city Midtown - city Manhattan
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Trump to testify Wednesday in NY investigation
NEW YORK - Former President Donald Trump will be questioned under oath Wednesday in the New York attorney general’s long-running civil investigation into his dealings as a real estate mogul.It was unclear if he was going to answer questions or invoke his 5th Amendment rights to avoid self-incrimination.Trump’s testimony comes amid a flurry of legal activity surrounding him, taking place just days after FBI agents searched his Mar-a-Lago estate in Florida as part of an unrelated federal probe into whether he took classified records when he left the White House.The New York civil investigation, led by Attorney General Letitia James, involves allegations that Trump’s company, the Trump Organization, misstated the value of assets like golf courses and skyscrapers, misleading lenders and tax authorities.Trump spent Tuesday night in Trump Tower in Midtown Manhattan ahead of the meeting.  He was seen leaving the building on Wednesday morning and arrived at the Attorney General's office a short time later.Get breaking news alerts in the free FOX5NY News app!  |  Sign up for FOX 5 email newslettersIn May, James' office said that it was nearing the end of its probe and that investigators had amassed substantial evidence that could support legal action, such as a lawsuit, against Trump, his company or both.Trump’s deposition is one of the few remaining missing pieces, the attorney general’s office said.Two of Trump’s children, Donald Jr.
Donald Trump - Ivanka Trump - Letitia James - Allen Weisselberg - Trump - New York AG says Trump's company misled banks, tax officials - fox29.com - New York - city New York - state California
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New York AG says Trump's company misled banks, tax officials
Donald Trump (file photo) NEW YORK - The New York attorney general's office late Tuesday told a court that its investigators had uncovered evidence that President Donald Trump's company used "fraudulent or misleading" asset valuations to get loans and tax benefits.The court filing said state authorities haven't yet decided whether to bring a civil lawsuit in connection with the allegations, but that investigators need to question Trump and his two eldest children as part of the probe. Trump and his lawyers say the investigation is politically motivated.In the court documents, Attorney General Letitia James' office gave its most detailed accounting yet of its investigation into allegations that Trump's company repeatedly misstated the value of assets to get favorable loan terms or slash its tax burden.The Trump Organization, it said, had overstated the value of land donations made in New York and California on paperwork submitted to the IRS to justify several million dollars in tax deductions.The company misreported the size of Trump's Manhattan penthouse, saying it was nearly three times its actual size -- a difference in value of about $200 million, James' office said, citing deposition testimony from Trump's longtime financial chief Allen Weisselberg, who was charged last year with tax fraud in a parallel criminal investigation.James' office detailed its findings in a court motion seeking to force Trump, his daughter Ivanka Trump and his son Donald Trump Jr.
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