Trump probed over claims value of assets were inflated to secure loans

New York State Attorney General Letitia James (Richard Drew/AP)

New York’s attorney general has asked a court to enforce subpoenas for an investigation into whether President Donald Trump and his businesses inflated assets on financial statements.

Attorney General Letitia James filed a petition in state trial court in New York City naming the Trump Organisation, an umbrella group for the president’s holdings, as a respondent along with other business entities.