For the first time in perhaps forever, it’s a great day to be Tiffany Trump!
New York Attorney General Letitia James just filed a 222-page civil lawsuit with the State Supreme Court in Manhattan against Donald Trump and the Trump Organization.
The suit accuses the Trump family business of “grossly” inflating the ex-president’s net worth by billions–yes, billions–of dollars and giving false and misleading financial statements to lenders for at least a decade.
Related: Mary Trump predicts uncle Donald Trump’s next move as his downfall accelerates
“We found that Mr, Trump, his children, and the corporation used more than 200 false asset valuations over a ten-year period,” James, who interviewed more than 65 witnesses, said this morning at a press conference announcing the charges.
Among the allegations made by James are:
- Trump valuing Mar-a-Lago at $739 million when it should have been valued at around one-tenth that amount, at $75 million.
- Trump valuing his Trump Tower apartment at $327 million, when, according to James, “No apartment in New York City has ever sold for that amount.”
- Trump valuing the rent-stabilized apartments at his Trump Park Avenue property at $50 million when they were collectively only worth $750,000.
- Trump valuing his golf club in Scotland at nearly $127 million when it has operated at a loss every year since it opened in 2017.
“The examples I laid out barely scratch the surface,” James said. “Claiming you have money you do not have does not amount to the art of the deal. It’s the art of the steal.”
The lawsuit seeks a $250 million judgment and to ban any of the Trumps–Donald, Don Jr., Ivanka, or Eric–from leading companies in their home state of New York. James also plans to send her findings to federal prosecutors in Manhattan, who may choose to open a criminal investigation into bank fraud.
Related: Rosie O’Donnell hilariously claps back at TikTok user who accuses her of being mean to Donald Trump
OK, now we know what you’re probably thinking. According to the headline, this is supposed to be an article about Tiffany Trump! So where does she fit into all this?
The answer: She doesn’t!
As the only one of Trump’s adult children who is not employed by her father, lucky Tiffany was conveniently left out of James’ lawsuit. And, honestly, good for her! Sometimes being second third fourth best has its advantages!
Here’s what folx are saying on Twitter…
Tiffany Trump today. #LetitiaJames #Wegners pic.twitter.com/GlTwlxVSyr
— Wegner’s Groceries (@grocerieswegner) September 21, 2022
Being ignored by her Dad ended up working out pretty damn well for Tiffany Trump after all. Bless her.
— Courtney Finnicum (@courtney883) September 21, 2022
Poor Tiffany Trump. She can't even be let in on the family fraud.
— Bradley P. Moss (@BradMossEsq) September 21, 2022
?When asked about Trump Org ?
Tiffany Trump : “I don’t know any of them, I may have seen them around but they aren’t really part of my life” ??? #TrumpIsGoingToJail #TrumpMeltdown— Longjacket ? (@Longjacket2) September 21, 2022
Well. For the first time, EVER, it’s a great day to be Tiffany Trump. pic.twitter.com/unJKQaDg65
— Carina (@carinaleegee) September 21, 2022
Tiffany Trump is Trump’s only adult child to not be charged with fraud. They really do exclude her from everything, don’t they?
— Meredith Lee (@meralee727) September 21, 2022
Shout out to Tiffany Trump- every single dis for the last several decades must have been worth it on this day. Enjoy your freedom, girl! ?? #trump #LetitiaJames
— Dana Schenk (@TheOneGoofygirl) September 21, 2022
Raise your hand if you forgot Tiffany Trump even existed until she didn't get named in her family's fraud suit.
????
— Rain's Revenge (@nayana_gor) September 21, 2022
Tiffany Trump rn: pic.twitter.com/qi9MmlO5pv
— G O L D I E. (@goldietaylor) September 21, 2022
Tiffany Trump has got to be the most unbothered person on the planet right now ??
— Chuck Todd's shamble bangs (@Drea_got_rage) September 21, 2022
Tiffany Trump is just drinking water and minding her business.
— Bakari Sellers (@Bakari_Sellers) September 21, 2022
Tiffany trump swinging her door open and asking who the dumb trump is again pic.twitter.com/xYwxOR78mj
— Liberally Las Vegas (@liberallyLV) September 21, 2022
The ex-president responded to James’ lawsuit on Truth Social by calling her a “fraud” who has caused “record numbers of people and companies to flee New York.”
“She is a fraud who campaigned on a ‘get Trump’ platform, despite the fact that the city is one of the crime and murder disasters of the world under her watch,” he wrote.
woodroad34
isn’t she trying to get a law degree? Once she does (a la Michael Corleone), will the Orange Jesus tap her to be a consigliere? Or will she just toss her hair, laugh and become a Public Defender?
kish
I watched the raccoon tweet like 40 times.
greekboy
Tiffany has a law degree from Georgetown. Trump always called her the fat girl and never wanted her in any pics. She is, however, no friend to the gay community. Anyway, back to fat elvis. I always knew it would be death by a 1000 cuts. Do you think he bleeds red or orange, or who cares so long as he bleeds out.
dwgandy
Let us hope that James is successful. If she is, trump will need Tiffanny to run the companies or another outsider. Hopefully, James will make sure that he cannot serve on the Board of Directors too. Whoever is running the companies, I hope they cut all of them off from any payments from the companies. Trumps only other option is to move the companies out of New York. So long to bad rubbish. Please do not come to Texas. We have enough corrupt people already.
bachy
I’m very curious to hear Mary Trump’s assessment of this particular development (and of Tiffany).
[email protected]
These are only new York state charges.
The federal charges for fraud have yet to drop.
With all the awful things that happen in the world, this is an assurance that the US system still works.
humble charlie
unfortunately there’s a good chance he’ll be pardoned of any federal charges by a future republican president (a la ford’s pardon of nixon – “the long national nightmare has just begun!”).
cuteguy
As much as I detest Trumpf like all of us on here, let’s hope he still runs for prez in 2024 so he can destroy Deathsantis chances. And improves hunky Gavin’s chances.
dbmcvey
She still tried to help her father win. She hosted a ridiculous gay Republican event.
johncp56
who can blame her, she is lucky her fart of a sperm doner turned his back on her, she should run the other way,
JeffBaker
Good for her! My guess is that the Donald will flee the country.
Jimmynj
Sometimes being the ignored child comes in handy. Will she use her law degree to help the family? I hope she sits with Letitia James, waving at them and smiling.
Cam
Let’s not forget that she was out campaigning for her father.
Mr. Stadnick
She is not a saint
peacefulruffneck
So the “Jan Brady” of the Trump Organization becomes the new boss and installs her mother, Marla Maples as CEO. And sends Melania packing back to Slovenia. Thanks to AG Letitia James it could happen you know.
The only thing better would be to see it all go to Mary Trump when she prevails in her lawsuit against the the “very stable genius”.
bachy
I love your vision of the future!!!