New York State is asking for $370 million

The State of New York, which filed a civil complaint for financial fraud against former US President Donald Trump, his sons and their real estate empire Trump Organization, is now claiming “370 million dollars” compensation, according to court documents Friday, January 5.

That’s far more than the $250 million that state Attorney General Letitia James requested in her fall 2022 complaint and which triggered the ongoing civil trial for financial fraud in New York City Court. York where Donald Trump and his sons Donald Jr and Eric have testified since last October.

The 77-year-old former president and the other defendants are accused of having colossally inflated during the 2010s the value of skyscrapers, luxury hotels or golf courses at the heart of the Trump empire, to obtain more favorable loans banks and better insurance conditions. Since the start of the trial on October 2, the Republican billionaire has railed against justice each time he comes to court, denouncing a “witch hunt” or one “trial worthy of banana republics”. After attacks on his clerk, the judge banned Donald Trump from speaking about his team and imposed two fines totaling $15,000 for violating the order.