CNN’s senior legal analyst Elie Honig laid out his biggest problem with New York Attorney General Letitia James’ suit against former President Donald Trump on Thursday morning.
James’ office alleges in a civil fraud lawsuit that Trump, his sons and the Trump Organization inflated his net worth by roughly $2.2 billion. Trump has testified he had “very little, if any,” involvement in the financial statements of his company, according to CNN.
“This is a big case, it’s a big civil case involving hundreds of millions of dollars. But it’s also the fifth most important case Trump is facing right now after the four criminal cases,” Honig told host Phil Mattingly. “That deposition is really interesting. Trump argues, ‘Because of the Trump name, I could have even claimed it was double or triple the value.’ There’s no question he inflated the assets.” (RELATED:…
