New York probing whether Donald Trump and the Trump Organization manipulated asset values


  • World
  • Tuesday, 25 Aug 2020

U.S. President Donald Trump addresses the first day of the Republican National Convention after the delegates voted to confirm him as the Republican 2020 presidential nominee for re-election in Charlotte, North Carolina, U.S., August 24, 2020. REUTERS/Carlos Barria

NEW YORK (Reuters) - The New York state attorney general is investigating whether Donald Trump and the Trump Organization improperly manipulated the value of the U.S. president's assets to secure loans and obtain economic and tax benefits, and said Trump's son Eric has been uncooperative in the civil probe.

The disclosure was made in a filing on Monday with a New York state court in Manhattan, where Attorney General Letitia James is demanding that the Trump Organization, Eric Trump and others comply with subpoenas from her office.

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