Trump inflated assets by $2.2 billion in one year, court filing claims

Former US president allegedly inflated his net wealth to dupe banks into giving him better terms on financial transactions

Donald Trump: Republican Party’s front-runner for the White House denies wrongdoing and argues all of the lawsuits and prosecutions he faces are part of a coordinated “witch hunt” by Democrats to undermine his campaign. Picture: Brandon Bell/Getty Images

Donald Trump and his company inflated the value of his assets by as much as $2.2 billion (€2.036 billion) in a single year, according to a court filing by New York’s attorney general urging a judge to find the former president liable for fraud before a trial set to start in October.

The evidence that Trump persistently inflated his net wealth from 2011 to 2021 to dupe banks and insurers into giving him better terms ...