The New York Times is reporting that New York Attorney General Letitia James may file a lawsuit against Donald Trump for fraud after rejecting an offer from his attorneys to settle the case against him.
James is in New York City.
According to the Times, James' office has turned down at least one settlement offer from Trump's legal team.
According to the Times, it is possible that a deal could be reached and negotiations could continue in the coming days.
According to the Times, if negotiations fail, Trump could be sued for fraud, as well asIvanka Trump, Donald Trump, Jr., and Eric Trump, who have all worked for the Trump Organization.
After James subpoenaed Trump for documents and testimony, the ex-president refused to answer questions and plead the Fifth Amendment.
The New York Times reported that Eric Trump invoked his Fifth Amendment rights more than 500 times, but Donald Trump, Jr. and Ivanka answered questions.
Civil lawsuits against Trump and his children will not result in criminal charges or prison time. The potential financial consequences could go as far as a court ordering the dissolution of the Trump Organization, though James has said she doesn't want to go that far.
The Trump Organization and its financial dealings have been the subject of a civil investigation by James' office. The investigation is looking into whether the Trump Organization inflated or deflated the value of his assets on financial statements for personal gain. The AG's office is working with the Manhattan District Attorney's office to investigate the Trump Organization. The Trump Organization and its CFO, Allen Weisselberg, have been indicted for tax fraud. The Trump Organization will face a trial in October for its alleged crimes, while Weisselberg will be sentenced to five months in prison for his guilty plea.
The New York Times reported that the N.Y. attorney general may file a lawsuit.
Trump refused to answer questions from the attorney general.
What is New York's attorney general going to do to Trump and his company? The person is anInsider.
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