Former U.S. President Donald Trump arrives at Trump Tower the day after FBI agents raided his Mar-a-Lago Palm Beach home in New York, U.S., August 9, 2022. REUTERS/David ‘Dee’ Delgado

Join now for FREE unlimited access to Reuters.com

Register

Aug 9 (Reuters) – Former U.S. President Donald Trump said he would testify on Wednesday as part of a New York investigation by the state attorney general into his family’s business practices, the possible testimony coming amid a wave of legal setbacks for him.

New York State Attorney General Letitia James is conducting a civil investigation to determine whether the Trump Organization inflated real estate values. Trump and two of his adult children, Donald Trump Jr. and Ivanka Trump, have agreed to testify.

Trump denied any wrongdoing and called the New York investigation politically motivated. James is a Democrat.

Join now for FREE unlimited access to Reuters.com

Register

“In New York tonight. See the racist NYS Attorney General tomorrow, for the prosecution of the greatest witch hunt in US history! My great business, and I, are under attack from all sides. Banana Republic!” Trump said in a post. on its Truth Social platform on Tuesday night.

James said his investigation found significant evidence that the Trump Organization, which manages hotels, golf courses and other real estate, had overstated the value of assets to obtain favorable loans and understated the values. to get tax relief. Read more

Separately this week, the Federal Bureau of Investigation (FBI) searched Trump’s estate in Florida, marking a significant escalation in the federal investigation into whether the former president illegally removed White House records while he left office in January 2021. read more

Trump has publicly flirted with the question of running for president again in 2024, but hasn’t made it clear whether he will.

The search warrant for Trump’s Florida estate was tied to the National Archives and Records Administration, which is responsible for protecting publicly owned presidential records, and whether there were any classified documents at Trump’s Mar-a-Lago complex. in Palm Beach, Florida, according to a person familiar with the matter. Read more

Several investigations have focused on Trump since he left office, weeks after his supporters stormed the US Capitol on January 6, 2021, in a failed attempt to undo his electoral defeat. Trump continues to falsely claim the election was stolen by widespread voter fraud. Read more

Trump remains the most influential voice in the Republican Party, and observers said the FBI research could strengthen his standing with Republican voters.

Join now for FREE unlimited access to Reuters.com

Register

Reporting by Kanishka Singh in Washington; Editing by Robert Birsel

Our standards: The Thomson Reuters Trust Principles.