N.Y. AG James Seeks Court Oversight of Trump’s Business Dealings

N.Y. AG Letitia James Seeks Court Oversight of Trump's Businesses (Newsmax)

By Eric Mack | Thursday, 13 October 2022 12:09 PM EDT

New York Democrat Attorney General Letitia James filed a preliminary injunction against former President Donald Trump and the Trump Organization, seeking to have the court monitor business dealings amid a civil lawsuit.

James is now alleging Trump might be seeking "to move assets out of New York to evade legal accountability."

James seeks to stop Trump and the Trump Organization's alleged "ongoing fraudulent scheme," prohibiting the Trump Organization from transferring any material assets to another entity without court approval, requiring that any new financial disclosures to banks and insurers contain all supporting and relevant material, and requesting a special master to oversee compliance.

"Our investigation uncovered the fact that Donald Trump and the Trump Organization engaged in significant fraud to inflate his personal net worth by billions of dollars to illegally enrich himself and cheat the system," James wrote in a statement Thursday.

"Since we filed this sweeping lawsuit last month, Donald Trump and the Trump Organization have continued those same fraudulent practices and taken measures to evade responsibility. Today, we are seeking an immediate stop to these actions because Mr. Trump should not get to play by different rules."

Trump has denounced James' lawsuit as politically motivated and designed to keep him from running for president again. Trump and many legal experts have pointed to James' campaign promises to seek ways to get and sue Trump.

Trump denounced the U.S. legal system, especially in New York state, as a "broken disgrace" Wednesday in a Save America PAC statement, calling out "Peekaboo James" in another unrelated lawsuit filed against him that he called "a complete scam."

Original Article