Letitia James is casting a wide net in her probe of the Trump family. And that obviously involves looking into the actions of the former President’s adult children.
Just this week, James subpoenaed records from the Trump Washington DC hotel. And according to Rachel Maddow, the New York AG is focused on an apartment owned by Ivanka Trump.
The MSNBC host explained, “Tish James is arguing that the means by which the Trump Organization described their own financial condition in order to get the lease and the loan were both fraudulent. Here’s one example.”
“Under her rental agreement, she apparently had the option to buy that apartment if she wanted to, for the cost of $8.5 million,” Maddow reported. “But in the forms that were submitted to get the loans for the DC hotel, that very same apartment was listed as being worth more than $20 million. Then a few years later, they listed it as being worth $25 million — even though they knew there was an option to buy it for just $8.5 million. Attorney General James is looking into exactly that type of potentially illegally inflation of the Trump family and Trump Organization’s financial situation for a whole bunch of Trump properties.”
Watch a clip of the segment below, courtesy of MSNBC:
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Todd Neikirk is a New Jersey-based politics and technology writer. His work has been featured in psfk.com, foxsports.com, and PoliticusUSA. An avid pet lover, he has been known to contribute to Pet Lifestyles Magazine. He enjoys sports, politics, technology, and spending time at the shore with his family.