Tag: New York Attorney General

New York attorney general sues to dissolve the NRA

The Hill logoNew York Attorney General Letitia James (D) on Thursday announced a lawsuit that seeks to dissolve the National Rifle Association (NRA), alleging the powerful pro-gun interest group violated corporate laws resulting in a loss of more than $64 million over three years.

The 169-page civil suit follows an 18-month fraud investigation by James’s office. The lawsuit alleges that the NRA and four of its top officials diverted millions of dollars away from its charitable mission and instituted “a culture of self-dealing, mismanagement and negligent oversight.”

“As today’s complaints lays out, we found that the NRA … fostered a culture of noncompliance and disregard for internal controls that led to the waste and loss of millions of assets and contributed to the NRA’s current deteriorated financial state,” James said during a press conference. Continue reading.

Deutsche Bank begins process of providing Trump financial records to New York’s attorney general

(CNN) —  Deutsche Bank has begun the process of providing financial records to New York state’s attorney general in response to a subpoena for documents related to loans made to President Donald Trump and his business, according to a person familiar with the production.

Last month, the office of New York Attorney General Letitia James issued subpoenas for records tied to funding for several Trump Organization projects.

The state’s top legal officer opened a civil probe after Trump’s former lawyer Michael Cohen testified to Congress in a public hearing that Trump had inflated his assets. Cohen at that time presented copies of financial statements he said had been provided to Deutsche Bank.

View the complete April 24 article by Cristina Alesci on the CNN website here.

Trump’s legal troubles are far from over even as Mueller probe ends

For 22 months, Donald Trump’s presidency has been haunted largely by one legal foe, a Washington prosecutor with seemingly unlimited power but who was also a single target for Trump to portray as the leader of an unfair “witch hunt.”

Yet even as one legal cloud lifts with the conclusion of special counsel Robert S. Mueller III’s investigation, others loom large on the horizon — creating additional threats to the president’s standing as he seeks to shift attention toward his 2020 reelection campaign.

Nearly every organization Trump has run over the past decade remains under investigation by state or federal authorities, and he is mired in a variety of civil litigation, with the center of gravity shifting from Mueller’s offices in Southwest Washington to Capitol Hill and state and federal courtrooms in New York, the president’s hometown and the headquarters of his company.

View the complete March 23 article by Rosalind S. Helderman and David A. Fahrenthold on The Washington Post website here.

Trump illegally used his foundation for campaign and must pay $8.4 million in restitution and fines: NY attorney general

President Donald Trump illegally used his charity to benefit his presidential campaign, New York’s attorney general said in a court filing Thursday.

Attorney General Letitia James said that Trump turned the Trump Foundation into a wing of his campaign in a 37-page court filing. James asked a judge to order the organization to pay $2.8 million in restitution for using charitable donations for political and business purposes, the Associated Press reported.

James also asked a judge to order President Trump to pay a $5.6 million penalty in the case, and to bar the president and his three eldest children from running any charities in the state for the next 10 years, Bloomberg reported.

View the complete March 17 article by Igor Derysh of Salon on the AlterNet website here.

New York Attorney General Slaps Deutsche Bank With Subpoenas

The attorney general of New York, Letitia James, has dropped new subpoenas on two banks, Deutsche Bank and Investors Bank. Those banks are connected to four different Trump Organization projects, including Trump’s unsuccessful attempt to buy the Buffalo Bills football team. It’s all part of the fallout from Michael Cohen’s congressional testimony.

When Cohen, Trump’s former fixer, testified before Congress two weeks ago, he stated that Trump inflated his net worth on financial statements. In fact, Cohen said that Trump gave Deutsche Bank falsified statements that overstated his net worth by $4 billion when he was angling to purchase the Bills.

Apparently, even Deutsche Bank, which loaned Trump money when no one else would, knew Trump’s estimations of his wealth were absurd. Officials at the bank viewed his estimates as “wildly optimistic,” and they would usually decrease them by as much as 70 percent.

View the complete March 12 article by Lisa Needham with The American Independent on the National Memo website here.

NY AG probing ‘massive scheme’ to influence FCC with fake net neutrality comments

The following article by Rebecca Savransky was posted on the Hill website November 22, 2017:

New York Attorney General Eric Schneiderman (D) is investigating what he calls a massive scheme to corrupt the Federal Communications Commission (FCC) with fake public comments on net neutrality.

In an open letter to Federal Communications Commission Chairman Ajit Pai, Schneiderman said the agency hasn’t provided him with information “critical” to an investigation his office is conducting. Continue reading “NY AG probing ‘massive scheme’ to influence FCC with fake net neutrality comments”