Article 6EB2N First Thing: Donald Trump allegedly inflated his net worth by as much as $2.2bn in 2014

First Thing: Donald Trump allegedly inflated his net worth by as much as $2.2bn in 2014

by
Nicola Slawson
from US news | The Guardian on (#6EB2N)

Lawyers for Letitia James, the New York attorney general, claim he then used that blown-up value for business deals. Plus, how athletes manage to train during scorching heat

Good morning.

In 2014, a year before entering politics and two years before winning the White House, Donald Trump inflated his net worth by as much as $2.2bn, lawyers for the attorney general of New York state alleged in court filings recently made public.

When is the trial due to start? The trial is set for October. James's lawyers argued no trial was needed to determine that defendants presented grossly and materially inflated asset values ... and then used those ... repeatedly in business transactions to defraud banks and insurers". James is seeking $250m and for Trump and his sons to be disqualified from running businesses in New York.

How has Trump responded? He did not immediately comment on the New York estimation of how much he inflated his net worth. But he has regularly accused James of being motivated by politics, including in a failed countersuit. Lawyers for Trump were due to file a response.

Has anyone died? Yes. The hurricane turned deadly, officials said, when a 40-year-old motorist in Pasco county, north of Tampa, lost control of his vehicle and collided with a tree. Another 59-year-old man died further north in Gainesville, also while driving.

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