Attorney General Letitia James believes that she has the Trump family over a barrel.

If she is correct, it could completely derail any political comeback by Trump.

It could also implicate several of his children.

Inflation…

One of the key pieces of evidence is an apartment owned by Ivanka Trump.

The apartment was listed as an asset for a loan by the Trump organization.

James claims that the apartment was listed at more than double its value on the applications.

Additionally, James believes that Trump overstated the value of his Manhattan penthouse.

The applications have the penthouse estimated at roughly three times its actual size, which would account for about $200 million in value.

According to Trump attorney Ronald Fischetti, James is playing games to set Trump up for a massive fall.

He stated, “She wants him to testify under oath, without immunity. So she can turn his testimony over to the district attorney and say, ‘Here we have it.

“You can use it and you don’t have to give him immunity.”

James’ office stated, “As the papers filed today make clear, each of the individuals was directly involved in one or more transactions under review.

“Earlier this month, the Trumps filed a motion to quash these interviews, and the papers filed today by the Attorney General oppose that motion.”

James also claims that the Trump Organization overvalued land donated to get excess tax breaks.

The filing states that investigators had “developed significant additional evidence indicating that the Trump Organization used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions.”

Fischetti responded, “She hasn’t put down anywhere that the loan was paid and that (the bank) did their own valuation.”

James responded, “For more than two years, the Trump Organization has used delay tactics and litigation in an attempt to thwart a legitimate investigation into its financial dealings.

“Thus far in our investigation, we have uncovered significant evidence that suggests Donald J. Trump and the Trump Organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for economic benefit.

“The Trumps must comply with our lawful subpoenas for documents and testimony because no one in this country can pick and choose if and how the law applies to them.

“We will not be deterred in our efforts to continue this investigation and ensure that no one is above the law.”

This case can only come down two different ways…

Either James takes Trump down or her career is over.

If Fischetti’s claims are true, that will be it for James for creating criminal activity where none existed by blatantly not including key evidence.

If, however, her claims are true, it will be the end of Trump, and not being able to run for president will be the least of his worries.

His family stands to lose everything, not to mention the threat of possible jail time for Trump and several of his children.

How do you think this will pan out?

Do you think James has the goods on Trump or do you think she is grandstanding, and Trump will win?

Tell us what you think in the comments section below.

Source: CBS News