Tag: Trump bank fraud

Trump’s taxes in hand, Manhattan DA’s probe heats up

NEW YORK — With former President Donald Trump’s tax returns finally in hand, a team of New York prosecutors led by a newly hired former mob-buster is sending out fresh subpoenas and meeting face-to-face with key witnesses, scrutinizing Trump’s business practices in granular detail.

Amid the swirl of activity, the Manhattan district attorney’s office is scheduled Friday to meet again with Trump’s longtime former personal lawyer Michael Cohen, according to a person familiar with the investigation.

It would be the eighth time he has spoken with investigators working for District Attorney Cyrus R. Vance Jr., dating to Cohen’s time in federal prison for tax evasion and campaign finance violations. Continue reading.

Trump’s CFO’s ex-daughter-in-law is cooperating with prosecutors and ‘refuses to be silenced,’ her lawyer says

An attorney representing the former daughter-in-law of the Trump Organization’s CFO, Allen Weisselberg, says she’s cooperating with prosecutors conducting an inquiry into Donald Trump’s finances and “refuses to be silenced.”

Jennifer Weisselberg “is committed to speaking the truth, no matter how difficult that may be,” her attorney, Duncan Levin, told Insider in a statement. “She will continue to cooperate fully with the various law-enforcement agencies that are investigating her ex-husband’s family and the very powerful interests they represent.”

“Jennifer refuses to be silenced any longer by those who are conspiring to prevent her from sharing what she has learned over the past 25 years,” Levin added. Continue reading.

Manhattan DA Subpoenas Lender For Trump’s Chicago Skyscraper In Expanding Probe

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The Manhattan district attorney subpoenaed documents late last year from a big-money investor that loaned Donald Trump’s company money to build a skyscraper in Chicago — a sign that the DA is continuing to expand his financial fraud investigation into the ex-president, according to a report Monday.

Sources told CNN that District Attorney Cy Vance Jr. slapped Fortress Investment Group with a grand jury subpoena relating to the $130 million it provided to the Trump Organization for the construction of the Windy City’s Trump International Hotel and Tower, which was completed in 2009.

Vance and Fortress declined to comment on the specifics of the subpoena, but the sizable Chicago loan is one of many Trump transactions shrouded in mystery. Continue reading.

Manhattan DA obtains Trump tax returns

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The Manhattan District Attorney’s Office has obtained former President Trump‘s tax returns.

A spokesman for Manhattan Distr ict Attorney Cyrus Vance Jr. (D) said Thursday that the office obtained the records on Monday.

The development comes after the Supreme Court on Monday rebuffed an effort from Trump’s lawyers to shield the documents. Continue reading.

Deutsche Bank Turned Over Trump’s Financial Records To Manhattan District Attorney

Deutsche Bank, the German financial powerhouse that loaned hundreds of millions of dollars to the Trump Organization when other banks shunned that company, has turned over records of its transactions subpoenaed by the Manhattan District Attorney’s office, according to the New York Times.

District Attorney Cyrus Vance, Jr., has sought the president’s personal and corporate tax records in court, without revealing much about the alleged crimes under investigation, although he is know to be looking into hush money payments to porn star Stormy Daniels and former Playboy model Karen McDougal.

Vance’s prosecutors justified the extensive demand for Trump’s records before a judge in New York state Supreme Court last Monday by citing reports of “extensive and protracted criminal conduct at the Truomp Organization.”. Continue reading.

Trump’s Bank Was Subpoenaed by N.Y. Prosecutors in Criminal Inquiry

New York Times logoThe subpoena, sent to Deutsche Bank, suggests that the inquiry into President Trump’s business practices is more wide-ranging than previously known.

The New York prosecutors who are seeking President Trump’s tax records have also subpoenaed his longtime lender, a sign that their criminal investigation into Mr. Trump’s business practices is more wide-ranging than previously known.

The Manhattan district attorney’s office issued the subpoena last year to Deutsche Bank, which has been Mr. Trump’s primary lender since the late 1990s, seeking financial records that he and his company provided to the bank, according to four people familiar with the inquiry.

The criminal investigation initially appeared to be focused on hush-money payments made in 2016 to two women who have said they had affairs with Mr. Trump. Continue reading.