Criminal Investigation On Trump

by Jan Frazier

New York (Washington Insider Magazine) –The criminal probe was started on Tuesday because it is believed that Trump has been giving misleading property values. It seems that he was trying to get tax benefits. He is calling it a “witch hunt.”

Up until now, the Trump Organization has been simply examined by the New York state’s attorney general. Now, however, the attorney general said on Tuesday night that it is also a criminal investigation. 

Fabien Levy, the spokesperson for New York Attorney General Letitia James, said on Tuesday that the investigation is “no longer purely civil in nature. We are now actively investigating the Trump Organization in a criminal capacity.” The Manhattan D.A. is also involved in the investigation.

James has been looking into the true value of Trump’s property to assess the numbers and decide if they are incorrect.  In February, “the Supreme Court paved the way for Manhattan District Attorney Cyrus Vance, Jr.’s, team to get eight years of Trump’s tax returns and financial records.” Vance then proceeded to do a criminal investigation into “potential tax, insurance, and bank fraud.”

The investigation of “potential tax, insurance, and bank fraud” is now tied in with “criminal probes from prosecutors in New York.” The attorneys believe that there is a collaboration between the two investigations.

James started to inquire about things in 2019. Trump’s former attorney, Michael Cohen, stated during a “congressional hearing that Trump has inflated the value of assets to banks to get better loans and insurance while undervaluing them to cut his tax liability.”

The Trump International Hotel and Tower, which are situated in Chicago as well as in New York City, has been the focus of James’ office. James has said that she’ll hold Trump accountable. James has spearheaded “dozens of efforts to challenge the Trump administration on a number of issues when Trump was in office.” Last fall, Trump’s son, Eric Trump, also had to answer questions under oath concerning the investigation.

James has recently claimed, ”The court’s order makes clear that no one is above the law, not even an organization or an individual with the name Trump.”

Both James and Vance are Democrats, and Trump has in the past called the investigations “a politically motivated witch hunt.”

It was reported by the New York Times that Trump has paid a small amount of taxes. He paid $750 in 2017 for federal taxes. Trump called this “fake news.”

SOURCE

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