NY A.G. alleges “staggering” business fraud in new lawsuit

The Lead with Jake Tapper

CNN

News

3.5 • 1.7K Ratings

🗓️ 21 September 2022

⏱️ 80 minutes

🔗️ Recording | iTunes | RSS

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Summary

A new lawsuit from the NY attorney general against Donald Trump and his adult children takes aim at their entire real estate empire, which the attorney general says is built on a foundation of fraud, lies, and inflated financial values. Plus, protests ignite in Moscow as Russians revolt against Putin’s war in Ukraine. Then, the Federal Reserve raises interest rates again in an effort to get inflation under control. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Maybe he's not the Teflon Don, the lead starts right now.
0:08.2	Fraud, lies, and inflated financial values.
0:11.8	A new lawsuit from the New York Attorney General against Donald J. Trump and his adult
0:15.6	children takes aim at their entire real estate empire, which she says is built on a foundation
0:20.8	of fraudulent sand.
0:22.6	How Trump's former lawyer Michael Cohen put this whole case in motion, plus protests
0:28.7	ignite in Moscow and beyond as Russians begin to revolt against Putin's war in Ukraine,
0:32.9	the escalation by the Russian leader today and President Biden's sharp response.
0:37.4	So what does the French president think?
0:39.4	He'll be here live with his response.
0:41.8	And your money and the cost to borrow historic move by the Federal Reserve raising interest
0:47.1	rates yet again in an effort to get inflation under control.
0:57.0	And welcome to the lead.
0:58.0	I'm Jake Tapo.
0:59.0	We start today in our politics lead and the extraordinary new legal trouble for former
1:02.5	President Donald Trump, New York Attorney General LaTisha James, a Democrat announced
1:06.1	today.
1:07.1	Her office has filed a sweeping lawsuit against Trump, three of his adult children and the
1:11.3	Trump organization alleging that they were involved in a decade-long financial scheme that
1:16.1	allowed Trump to fraud gently inflate his net worth by billions of dollars, allowing
1:20.9	him to leverage the system for his own personal gain at the expense of others.
1:27.2	White collar financial crime is not a victimless crime.
	...

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