Former President Donald Trump routinely overstated his net worth — sometimes by more than $2 billion — during years when the actual values of his real estate holdings were far less than he claimed, according to a court filing Wednesday by the office of New York Attorney General Letitia James.
The attorney general’s office included the numbers in a motion for summary judgement that asks the court to resolve a civil fraud claim before the AG’s $250 million civil suit against Trump goes to trial.
[That might matter in legal terms depending on the context. Letitia James believes it matters in her lawsuit against Trump in alleging fraud in his business dealings; we’ll see if that holds up in court, though. Any exaggeration of wealth would not likely matter much in a political sense, nor would it have mattered in 2015. Rumors that Trump had inflated his net worth floated around at that time too, but his overall wealth and success were clear and impressive. — Ed]
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