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The New York attorney general’s office says its civil investigation has uncovered evidence that former President Donald Trump's company used “fraudulent or misleading” asset valuations to get loans and tax benefits. In a court filing late Tuesday, Attorney General Letitia James’ office said evidence showed that the Trump Organization routinely misrepresented the value of its properties and golf clubs in financial statements. The filing said investigators haven't yet decided whether to bring a civil lawsuit in connection with the allegations, but they want to question Trump as part of the probe. Trump's lawyers say the investigation is politically motivated.

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A federal judge has ordered Martin Shkreli to return $64.6 million in profits reaped from inflating the price of a lifesaving drug and barred him from the pharmaceutical industry for the rest of his life. The ruling Friday by a federal judge in New York came several weeks after a bench trial in December. The Federal Trade Commission and seven states brought the case in 2020 against the man dubbed “Pharma Bro.” The states are New York, California, Illinois, North Carolina, Ohio, Pennsylvania and Virginia. Shkreli’s lawyer did not immediately comment. Shkreli has defended raising the price of Daraprim as capitalism at work.

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New York’s attorney general recently issued subpoenas to former President Donald Trump and his two eldest children in connection with an ongoing civil investigation into the family’s business practices. Attorney General Letitia James’ office said in a court filing Monday that it is seeking testimony and documents from Trump, Donald Trump Jr. and Ivanka Trump “in connection with an investigation into the valuation of properties owned or controlled” by Trump and his company, the Trump Organization. Trump has sued attempting to end the probe, which he says is politically motivated.