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New York AG says Trump’s company misled banks, tax officials

January 19, 2022

The New York attorney general’s office late Tuesday told a court its investigators have uncovered evidence that former President Donald Trump’s company used “fraudulent or misleading” asset valuations to get loans and tax benefits.

The court filing said state authorities haven’t yet decided whether to bring a lawsuit in connection with the allegations, but that investigators need to question Trump and his two eldest children as part of the probe.

The Trump Organization issued a statement Wednesday calling the civil investigation “baseless” and politically motivated.

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