
Attorney General Letitia James of New York filed a sweeping lawsuit on Wednesday that accused Donald J. Trump, his family business and three of his children of lying to lenders and insurers by fraudulently overvaluing his assets by billions of dollars.
Ms. James is seeking to bar the Trumps, including Donald Jr., Eric and Ivanka, from ever running a business in the state again.
She concluded that Mr. Trump and his business violated state criminal laws and “plausibly” broke federal laws as well.