The Trump administration is probing New York Attorney General Letitia James, who filed a civil fraud lawsuit against former President Donald Trump and his company. The Justice Department issued a subpoena demanding documents related to the case, which accuses Trump and his associates of inflating asset values to secure favorable business deals. Judge Arthur Engoron ruled James’ claims credible, holding Trump liable and ordering him to pay over $450 million—a fine that has since grown to around $513 million due to accruing interest.
Trump denies any wrongdoing, accusing James of political bias. The case is currently under appeal, with a five-judge panel reviewing whether Engoron’s ruling should stand. While the appeals court showed some sympathy toward Trump during hearings, a final decision is pending. Trump has already posted a $175 million bond and reportedly has enough liquid assets, boosted by cryptocurrency holdings, to cover the potential fine.
James’ office is also facing scrutiny from the Trump administration, with investigations extending to her lawsuit against the NRA and her personal real estate dealings. James and her legal team condemn the investigations as politically motivated retaliation.
This ongoing legal battle is part of a broader pattern of investigations targeting Trump and his allies, including a probe into former Special Counsel Jack Smith.
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