Trump, company and family members sued by New York AG over alleged fraud scheme

NEW YORK—New York Attorney General Letitia James has filed suit against former President Donald Trump, three of his adult children and his business empire, accusing them of large-scale fraudulent financial practices and seeking to bar them from real estate transactions for the next five years. The attorney general’s civil suit alleges decades of deception, including billions of dollars in falsified net worth, as part of an effort to minimize his companies’ tax bills while winning favorable terms from banks and insurance companies. James’s suit relies on a special statute for repeat instances of alleged violations of the law, stemming from

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