Lawyer Files Suit Against Trump Over Debt Disclosure, Says Report


Mallory Shelbourne
Lawyer files suit against Trump over debt disclosure: report           © Provided by The Hill Lawyer files suit against Trump over debt disclosure: report  


An attorney has filed suit against President Trump, claiming he obfuscated his personal debts in a financial disclosure with loans related to business projects he is associated with, Politico reported.

In the lawsuit, Jeffrey Lovitky claims the public does not have access to the truth about Trump’s debt.

“Really the question is concerning the liabilities held by the [limited liability corporations] and we just need more information to be able to know whether or not those are personal or business liabilities,” Lovitky told Politico about Trump’s May 2016 disclosure.

“If you just look at the statement on its face, all those liabilities are assumed to be personal liabilities, but I just do not think that’s the case. I have information that says otherwise.”

Lovitky wants the court to say that Trump’s original filing was unlawful and order the president to file a new disclosure that includes the personal debts.

A nonprofit, the Citizens for Responsibility and Ethics in Washington, in January filed a lawsuit against Trump to stop him “from violating the Constitution by illegally receiving payments from foreign governments,” citing his refusal to divest from his business dealings.

Trump before his inauguration said at a press conference that his two eldest sons would take over control of the Trump Organization.

The Hill

Continue reading

%d bloggers like this: