New York AG Rejects Settlement Offer By Trump Org

ABC News reports:

The New York attorney general’s office rejected an offer this month to resolve a civil investigation into former President Donald Trump and his family real estate business, sources familiar with the matter tell ABC News.

For more than three years, New York Attorney General Letitia James has been investigating whether Trump fraudulently adjusted the value of his assets to secure loans or tax breaks. James had already said in court filings she has found evidence of possible fraud.

The rejection of the Trump Organization’s settlement offer is a possible sign she intends to file a civil lawsuit which, if successful, could result in financial penalties or restrictions on the company’s ability to operate in New York.

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New York attorney general rejects Trump Organization’s offer to resolve a civil investigation, sources say. https://t.co/mwB75kWURv

— ABC News (@ABC) September 15, 2022