The Manhattan Prosecutor's Office investigates whether the organization of the family of the former US president manipulated his real estate portfolio to defraud banks and insurers and whether he obtained illegal tax benefits.
According to the Manhattan (New York) Attorney General, Cyrus Vance has convened a grand jury to investigate a possible indictment related to the investigation against former President Donald Trump (2017-2021) American media business party. ۔
The grand jury was recently convened and lasted for six months. It will meet three times a week, according to the Washington Post.
According to the Washington Post, it will meet three times a week.
The grand jury's summons to the Capital newspaper shows that the New York prosecutor's investigation against Trump and his business community has reached a critical juncture where they have evidence that the former president or someone close to him Has been damaged. It
Prosecutor Vance's investigation is the longest and most troubling of Trump's opponents, as his business practices are scrutinized before the former president comes to power.
Among many other things, Manhattan prosecutors investigate whether the Trump organization manipulated its real estate portfolio to defraud banks and insurance companies and whether it provided illegal tax benefits.
Along with the letters, the prosecutor's office interviewed employees of Deutsche Bank and insurance company Avon for details on $ 300 million in loans and other payments and requests for information from Ladder Capital, which the Trump party Provided 100 million loans.
Payments from the Trump Organization to some of its top executives are also examined, such as the tycoon's daughter, Ivanka Trump. She would have received excessive remuneration as a consultant despite being on its payroll.
Last week, the New York State Attorney General, Democrat Letitia James, who had an open civil case against the Trump conglomerate, announced that her investigation was becoming criminal and that she was joining the one in Manhattan.
We've informed the Trump organization that our investigations into the organization are no longer entirely civil, said Letitia James, a spokeswoman for the attorney general's office.
We are now actively investigating the Trump organization's criminal cases with the Manhattan District Attorney.
The organization hosts hundreds of Trump companies, from hotels to golf courses.
In January, Trump, who left the White House, denied any wrongdoing. Earlier, Manhattan District Attorney Cyrus Vance called the Democrats' investigation into his finances the biggest political sorcery. ۔ The history of our country
The Trump organization strengthened its legal team with the services of Ronald Fischetti, a former military criminal lawyer, in early April '84.