RT.com ————-Via Paul Craig Roberts ————-Wed., May 19, 2021
New York Attorney General Letitia James (pic above) has launched a criminal probe into the Trump Organization, her office said, widening a civil investigation into the former president’s financial dealings that began in 2019.
“We have informed the Trump Organization that our investigation into the Organization is no longer purely civil in nature,” a spokesperson for James’ office, Fabien Levy, said in a statement to media outlets on Tuesday.
While it remains unclear what criminal matters the AG has in mind, the announcement comes more than two years after her office opened a probe into Donald Trump’s business empire, at which point he was still in office.
According to James, the investigation began after Michael Cohen, a former Trump attorney, testified to lawmakers that the then-president had deliberately “inflated the values of his assets” in financial statements in order to “obtain favorable terms for loans and insurance coverage.”
James has since filed a lawsuit looking to compel the Trump Organization to comply with subpoenas related to the investigation, accusing it of stalling and withholding documents, but until Tuesday had not spoken of any criminal aspect of the probe.
However, Manhattan District Attorney Cyrus Vance Jr., who led a separate investigation into the Trump Organization, claimed in court documents last year that his office was looking into “protracted criminal conduct.”
Full article here: https://www.rt.com/usa/524189-trump-organization-criminal-probe/