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August 25, 2020

NY Attorney General Investigating Trump Org. for Inflating Assets; Seeking Testimony of Eric Trump
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The office of New York Attorney General Letitia James is investigating
the Trump Organization and President Trump over the possible inflating
of his assets in order to secure loans and other benefits. James is
requesting President Trump's son Eric be compelled to testify, after he
abruptly canceled a planned deposition last month. In 2019, Trump's
former fixer Michael Cohen told Congress Trump had inflated his assets
in financial statements to obtain loans, while deflating the value of
other assets to reduce real estate taxes.


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