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Million $$$ lawsuits against the Trump family!

New York State Attorneys are filing a civil lawsuit against former US President Donald Trump for fraud.

Attorney General Letitia James said in New York on Wednesday that the lawsuit was the culmination of three years of civil investigations into Trump and his company. Trump's three eldest children, Donald Jr., Ivanka, and Eric Trump, have also been named as defendants, as have two longtime company executives, Allen Weisselberg and Jeffrey McConney.

According to the allegations, the defendants have increased or decreased their finances depending on their needs. For example, to get easier access to loans or to pay less taxes. Deutsche Bank is also said to have granted such loans, James said. 

Donald Trump falsely inflated his fortune by billions of dollars to unjustly enrich himself and cheat the system, thereby cheating us all," James said at the press conference. She has led civil investigations into Trump's corporate empire for three years and, according to Wednesday, spoke to 65 witnesses for the prosecution and evaluated "millions of documents."

The prosecutor is seeking fines totaling $250 million. In addition, Trump and his family should be banned forever from doing business in upstate New York.

Trump's legal team sees the indictment as a farce: "Today's motion does not focus on the facts or the law, but solely on advancing the Attorney General's political agenda," said Trump attorney Alina Habba.

In the United States, Attorneys General usually belong to a party and are elected by the people in many states. James is a member of the Democratic Party and serves in the New York state government. Trump, who belongs to the Republican Party, repeatedly describes the process as politically motivated and calls it a "witch hunt."

There are allegations against the 76-year-old in many instances. For example, the FBI is said to have secured confidential and secret documents in Trump's Mar-a-Lago estate. In addition, in the state of Georgia, he is said to have unlawfully pressured the election commission to show him additional votes in the 2020 election. A committee of inquiry is also looking into his role on Jan. 6, 2021, storming of the Capitol and may ultimately recommend prosecuting him.

Trump has repeatedly indicated that he wants to run again for president in 2024 but has not yet officially announced this. As a result, experts consider it unlikely that one of the often multi-year procedures with opportunities for revision and renegotiation before the election in November 2024 would lead to a conviction.