MSNBC's Joe Scarborough and Jonathan Lemire explained how former President Donald Trump's penchant for lies and exaggeration might finally be catching up with him.
Donald Trump and his children should be compelled to testify under oath in the civil investigation of the Trump Organization, according to a motion filed Tuesday by the New York Attorney General.
Donald Trump and the company may have misrepresented the values of multiple assets in order to get more money, according to the attorney general's office. James' office said that Trump "misstated objective facts," such as the size of his Manhattan Trump Tower penthouse, and failed to advise that certain valuations were inflated for "brand value."
The findings were no surprise to the host. Donald Trump will give you a cup of water if you are out golfing with him. My picture is on it. It is worth $10,000.
He exaggerates. He fights with Forbes over how high he should be on the list of America's richest people.
Will the Manhattan District Attorney be able to apply any charges against Donald Trump, doing what he has been doing for 50 years?
He said he had seen Trump behave this way many times.
He pointed to Trump's obsession with crowd sizes and his tendency to inflate the number of attendees at his rallies.
He exaggerates. Everything is the best, the most expensive and the most valuable. It is part of why his branding is so important.
He pointed to an example in Tuesday's filing in which Trump claimed that his Trump Tower penthouse was 30,000 square feet, even though it was just under 11,000 square feet.
He exaggerated by a factor of three. Those things are not in this case. Lemire said that inflating evaluations of property for investors or tax purposes is a serious matter.
It hasn't come to criminal charges just yet, but Attorney General Letitia James is trying to use this moment to force testimony from not just the former president but two of his adult children.
The article was originally on HuffPost.
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The New York attorney general's office told a court on Tuesday that it had uncovered evidence that Donald Trump's company used fraudulent or misleading asset valuations to get loans and tax benefits.
New York Attorney General Letitia James said late on Tuesday that former U.S. President Donald J. Trump's family organization used "fraudulent or misleading" asset valuations to obtain economic benefits. James took legal action to get Donald Trump and his children to testify about their father's financial dealings. James said that they have uncovered evidence that suggests Donald J. Trump and the Trump Organization misrepresented the values of multiple assets to financial institutions for economic benefit.
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New York's attorney general is trying to get former President Trump and his two oldest children to testify in her investigation of the Trump Organization. Catherine Herridge is sharing more.
The ex-president's business is accused of mis reporting asset values to get loans and tax breaks.
The justice's decision was the latest blow to Trump's attempt to claim executive privilege over hundreds of pages of documents.
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For years, Donald Trump used his speeches and reality TV shows to claim that his business was the biggest and the best. The office found that Trump and his company fudged the value of their assets on financial statements. The lawyers who examined the allegations told The Associated Press that it will be difficult for the Attorney General to bring a lawsuit because she will have to prove that the banks that lent Trump money were fooled.
The century-old name was to be explored to make it clearer and avoid any connection with the disgraced Duke.
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