NY Trump fraud investigation, Manhattan DA Vance probing Trump Organization.

Manhattan District Attorney Cy Vance’s recent court filing suggests President Trump and his company, The Trump Organization, may be under investigation for possible bank and insurance fraud, The New York Times reports.

READ  Invoice Belichick, Matt Patricia meet in Detroit for Sunday Evening Soccer

The filing was made in response to a lawsuit by Trump’s attorneys who have argued prosecutors were acting in “bad faith” by issuing a “wildly overbroad” subpoena seeking Trump’s personal and corporate tax returns. Vance didn’t disclose anything specific about what compelled him to go after the records, but the filing argued the subpoena wasn’t too broad, since that notion is based on the “false premise” that the probe is limited to “hush-money” payments made by the president’s former personal lawyer, Michael Cohen, in 2016.

READ  Zimbabwe's president Mnangagwa courts white voters forward of election

Instead, the filing claimed “there were public allegations of possible criminal activity” at the company “dating back over a decade” and, therefore, a legal basis for the subpoena exists. Read more at The New York Times.

READ  Brooks Brothers Is Likely On The Edge Of Bankruptcy (Reports)

LEAVE A REPLY

Please enter your comment!
Please enter your name here