Trump accused of 'repeated fraud' by inflating net worth by up to $2.2 billion, says NY attorney general

New York attorney general Letitia James filed a $250 million civil lawsuit against Trump, his children and the Trump Organization.
James alleges Trump inflated his net worth by 17-39% each year between 2011-2021 to secure favorable loan and insurance terms.
Evidence includes inflated property valuations and exaggerated financial statements provided to lenders and insurers.
James is seeking summary judgment and $250 million in penalties plus a ban on Trump business activities in New York.
Trump denies wrongdoing, argues statute of limitations has expired, and claims he is the target of a political witch hunt.