CNN —Donald Trump inflated his net worth by as much as $3.6 billion in three separate years between 2011 and 2021, lawyers for the New York attorney general’s office alleged Friday, significantly more than previously purported. The new figure, detailed in a court filing, dwarfs investigators’ previous allegation that Trump inflated his net worth by as much as $2.2 billion in one year. Attorneys for Trump refuted the claim in their own filing, arguing that the financial statements in question under report his net worth. “President Trump is, without question, worth many billions of dollars, indeed billions more than what the NYAG claimed when lodging her baseless allegations,” their filing said. James has previously said the misrepresentations on Trump’s financial statements affected “most if not all of” his and his company’s real estate holdings in any given year.

Source: CNN September 08, 2023 22:06 UTC