Attorneys general for 17 states have urged New York State’s highest court to reject an appeal by Donald Trump of a civil case in which he and several co-defendants were found liable for inflating the values of his Mar-a-Lago property and Trump Tower penthouse to obtain better terms on loans and insurance rates.
The attorneys general argue that throwing out the case brought by New York Attorney General Letitia James in 2022 could weaken the ability of states to hold businesses and individuals accountable for fraud. The case was brought under New York’s business fraud state known as the Executive Law.
In a September 2023 ruling by Justice Arthur Engoron in Manhattan, Trump, his sons and other co-defendants were found liable for fraud for exaggerating his net worth by billions of dollars a year on financial records…
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