New York Attorney General Letitia James on Wednesday filed a $250 million lawsuit against former President Donald Trump, his kids Eric, Ivanka and Donald Trump Jr., and the Trump Organization — alleging "staggering" fraud in the family real estate business.

The 220-page civil suit filed in Manhattan Supreme Court accuses the former president and his Trump Organization of fraudulently inflating the value of his prized assets – including his homes and golf courses – to allegedly obtain favorable loans and tax benefits.

It seeks to tear away Trump's ability to run businesses in the Empire State and to prohibit him and his company from buying up commercial real estate for several years.

"Donald Trump falsely inflated his net worth by billions of dollars to unjustly enrich himself, and cheat the system, thereby cheating all of us," James, a Democrat, said at a news conference.