New York attorney general adds ‘criminal capacity’ to probe of Trump Organization

The attorney general office’s investigation into the Trump Organization, which has been underway since 2019, will also continue as an ongoing civil probe, but the office recently informed Trump Organization officials of the criminal component.

“We have informed the Trump Organization that our investigation into the organization is no longer purely civil in nature. We are now actively investigating the Trump Organization in a criminal capacity, along with the Manhattan DA,” James’ spokesman Fabien Levy told CNN. “We have no additional comment.”

A lawyer for the Trump Organization declined to comment when reached by CNN.

James’ office is working with Manhattan District Attorney Cy Vance’s Office, whose wide-sweeping probe into the Trump Organization has looked into whether the company misled lenders and insurance companies about the value of properties and whether it paid the appropriate taxes.

Vance’s office is examining millions of pages of documents that include Trump’s tax returns.

A person familiar with the investigation said a couple of investigators with the New York attorney general’s office, who are steeped in knowledge about the Trump Organization, have joined the district attorney’s team. A different person familiar with the matter said the New York attorney general is still conducting a civil investigation.

Former President Donald Trump has previously called the New York attorney general’s investigation politically motivated.

For the past two years, James’ office looked into matters including whether or not it improperly inflated assets on financial statements to secure loans and obtain economic and tax benefits, as well as how Trump Organization employees were compensated.

Investigators there have deposed multiple Trump Organization officials including Eric Trump, the former President’s son, and Chief Financial Officer Allen Weisselberg.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *