Fraud to save taxes: Trump and his children are banned from doing business in New York
Former US President Donald Trump and his children have been banned from doing business in New York.
following an investigation into a tax fraud case. According to the American media, the state of New York has sued former President Trump for $250 million.
In this regard, the New York Attorney General says that the investigation proved that former President Trump and his family committed fraud. He added that Trump and his children committed tax fraud.
According to the Attorney General of New York, the investigation against Trump lasted for three years. Trump and his company gave the wrong property valuation.
He said Trump lied on tax papers, which are being sent to the tax collection agency.
According to the New York Attorney General, Trump and his children are being banned for 5 years from doing business in New York.
He further said that Trump and his children can’t even get business loans in New York.