The New York prosecutor revealed that the Trump Organization registered a new company in Delaware on the same day that it filed a lawsuit against him, as well as against his family and his company.
New York Attorney General Letitia James has accused former President Donald Trump of forming a new company under the name “Trump Organization II” in a possible attempt to evade responsibility in a lawsuit he filed against him, his company and Trump’s family. the.
It was during Thursday afternoon’s court filing that James detailed that Trump registered the company in Delaware the same day he filed the lawsuit.
“Beyond the continuation of its previous fraud, the Trump Organization now appears to be taking steps to restructure its business to avoid existing liabilities under New York law,” said Letitia James.
On September 21, James pointed out through a press conference that she had filed a “lawsuit against Donald Trump for participating in years of financial fraud to enrich himself, his family and the Trump Organization. There are not two sets of laws for people in this nation.”
Today, I filed a lawsuit against Donald Trump for engaging in years of financial fraud to enrich himself, his family, and the Trump Organization.
There aren't two sets of laws for people in this nation: former presidents must be held to the same standards as everyday Americans.
— NY AG James (@NewYorkStateAG) September 21, 2022
And he even indicated that they had discovered that both Trump and his family and the Trump Organization used fraudulent and misleading asset valuations more than 200 times in 10 years in their annual financial statements and that these statements were then used to obtain hundreds of millions of dollars in loans and insurance coverage.
James asked the court to bar the Trump Organization from transferring any assets and to appoint a special monitor to ensure compliance.
Since we filed our lawsuit, Donald Trump and the Trump Organization have continued to engage in fraudulent business practices.
Today, we are acting to immediately stop this ongoing fraud.
— NY AG James (@NewYorkStateAG) October 13, 2022
And even James noted that “since we filed this sweeping lawsuit last month, Donald Trump and the Trump Organization have continued the same fraudulent practices and taken steps to evade responsibility.”
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