Former President Donald Trump’s financial claims are now under a legal microscope. In a significant courtroom showdown, New York Attorney General Letitia James alleged that Trump, along with his adult sons and the Trump Organization, inflated their wealth by a whopping $2 billion to snag advantageous bank terms and bolster their public image.
Key highlights included attorney Kevin Wallace, representing the attorney general, emphasizing it’s one thing to exaggerate in the media, but quite another to misrepresent in New York’s business realm.
Outside the courtroom, Trump countered, lambasting both James and Judge Arthur Engoron, deeming the trial a politically motivated witch hunt.
If James can prove her case, Trump could face a staggering $250 million penalty and be barred from conducting business in New York.
With Trump’s image as a business magnate at stake, the question arises, could this trial reshape the legacy of the Trump Organization and the Empire State?