According to New York Attorney General Letitia James, Trump ought to be prohibited from the real estate business in New York and should be penalized with a $370 million fine.

According to New York Attorney General Letitia James, Trump ought to be prohibited from the real estate business in New York and should be penalized with a $370 million fine.

Benjamin Hughes

Donald Trump gained recognition in the field of New York’s real estate, and he prominently displayed his name on buildings, public spaces, and even a skating rink for 50 years.

The state’s attorney general is currently seeking to remove it and prohibit him from future employment in the field, specifically in New York.

Before the final arguments in Trump’s trial for civil fraud, attorneys for New York Attorney General Letitia James submitted a document on Friday requesting that Trump and other defendants pay $370 million in “unlawfully obtained profits,” plus accrued interest. This filing serves as a preview of the arguments to be presented on January 11 and alleges that the defendants utilized various deceitful tactics to artificially inflate asset values and hide important information, actions which cannot be explained as innocent.

Graham Kates

Graham Kates is a journalist who specializes in reporting on topics related to crime, privacy, and cybersecurity for CBS News Digital. You can reach Graham at [email protected] or [email protected].

Source: cbsnews.com