Letitia James’ $250 million fraud case against Trump set for trial: report

Letitia James’ $250 million fraud case against Trump set for trial: report

As legal troubles continue to follow former President Donald Trump, New York Attorney General Letitia James' office announced this week the $250 million lawsuit filed against the 2024 hopeful alleging "widespread fraud" is set for trial, CBS reports.

The office's announcement comes the same week U.S. Department of Justice special counsel Jack Smith indicted the MAGA 2024 hopeful on four counts for his attempt to overturn the 2020 election.

According to The New York Times, the case James filed in September 2022 "accuses Mr. Trump, his family business and three of his children of a 'staggering' fraud for overvaluing the former president's assets by billions of dollars. The lawsuit seeks $250 million that Ms. James contends the Trumps reaped through those deceptions, and asks a judge to essentially run the former president out of business in the state if he is found liable at trial."

READ MORE: Ivanka Trump splits from Don Jr. and Eric as $250 million fraud trial looms

James' Senior Enforcement Counsel Kevin Wallace confirmed in a filing on Monday, July 31, "The case is ready for trial."

Per CBS, trial, according to Judge Arthur Engoron, is "set in stone" to begin October 2.

The report notes "Engoron has rejected repeated attempts by Trump attorneys to push that date back."

READ MORE: 'I’d be pretty nervous': Trump biographer explains how Letitia James has the former president cornered

CBS' full report is available at this link.

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