Trump Organization taps criminal defense attorney as Manhattan prosecutors close in on business dealings

Raw Story Logo

On Wednesday, the Wall Street Journal reported that former President Donald Trump’s family business has retained Ronald Fischetti, a high-powered criminal defense lawyer, as New York prosecutors continue to investigate Trump’s finances.

“Mr. Fischetti, 84 years old, is a former law partner of Mark Pomerantz, the former federal prosecutor working on the investigation for the office of Manhattan District Attorney Cyrus Vance Jr. Mr. Pomerantz was sworn in as a special assistant district attorney in February and is now on leave from law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP,” reported Corinne Ramey and Rebecca Davis O’Brien.

“Mr. Vance’s office has said it is investigating possible bank, tax or insurance fraud,” said the report. “Prosecutors have subpoenaed information from former President Donald Trump’s banks, lenders, an insurance broker and other parties, The Wall Street Journal has previously reported. They are examining financial transactions at Manhattan properties including Mr. Trump’s flagship Trump Tower; Seven Springs, an estate in Westchester, N.Y.; and a hotel in Chicago, The Journal reported.” Continue reading.

Supreme Court says Manhattan prosecutor may pursue Trump’s financial records, denies Congress access for now

Washington Post logoThe Supreme Court on Thursday rejected President Trump’s bold claims of immunity from local law enforcement and congressional investigators, delivering a nuanced and likely landmark lesson on the separation of powers and limits of presidential authority.

In one of two lopsided 7-to-2 rulings, Chief Justice John G. Roberts Jr. rejected Trump’s argument that he did not have to comply with a subpoena from Manhattan District Attorney Cyrus R. Vance Jr., and said Vance had authority to pursue the president’s personal and business financial records.

In the other, the court said the restrictions the president proposed on congressional demands for private, nonprivileged information “risk seriously impeding Congress in carrying out its responsibilities.” Continue reading.