Thursday, 13 October 2022

New York Seeks To Restrict Trump Asset Moves During Fraud Lawsuit

new-york-seeks-to-restrict-trump-asset-moves-during-fraud-lawsuit

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New York seeks to restrict Trump asset moves during fraud lawsuit



Former President Donald Trump speaks during the America First Policy Institute’s America First Agenda Summit in Washington, D.C., on July 26. On Thursday New York Attorney General Letitia James said Trump’s company should be barred from moving any significant assets without court approval while New York pursues a lawsuit over allegedly fraudulent asset valuations. Al Drago/Bloomberg

Former President Donald Trump’s company should be barred from moving any significant assets without court approval while New York pursues a lawsuit over allegedly fraudulent asset valuations, the state’s top law enforcement officer said.

A preliminary injunction should be issued to halt an “ongoing fraudulent scheme” at the Trump Organization and ensure the company has sufficient funds “to satisfy any disgorgement award” in the case, New York Attorney General Letitia James said Thursday in a statement.

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https://digitalalaskanews.com/new-york-seeks-to-restrict-trump-asset-moves-during-fraud-lawsuit/

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