New York Attorney General Seeks $370 Million in Penalties From Trump.

New York Attorney General Letitia James is seeking over $370 million in penalties from former President Donald Trump for allegedly inflating his net worth to obtain favorable terms on bank loans and insurance policies. James had previously sought $250 million in financial penalties as part of her lawsuit accusing Trump of overvaluing his real estate properties. The filing came ahead of closing arguments in the trial, and James is also seeking to permanently ban Trump and two former Trump Organization executives from the real estate industry in New York. Trump's lawyers have argued that he shouldn't have to pay back anything and have criticized James's requests as excessive and unsupported by evidence. [Extracted from the article]