

Whether the president’s business had inflated the value of its assets for the purposes of tax breaks and loans has reportedly been the key issue
New, York, May 19, 2021, (NBC).- The New York attorney general’s office said this Tuesday, May 19, that it is pursuing a criminal investigation into the Trump Organization, in addition to the ongoing civil probe.
“We have informed the Trump Organization that our investigation into the organization is no longer purely civil in nature. We are now actively investigating the Trump Organization in a criminal capacity, along with the Manhattan DA. We have no additional comment at this time,” Fabien Levy, a spokesperson for the office, said in a statement.
Attorney General Letitia James has been at the forefront of legal action against former President Donald Trump’s family business.
The Trump Organization investigation stemmed from allegations made by Trump’s former attorney Michael Cohen, who alleged when he testified to Congress in 2019 that Trump had deliberately provided incorrect valuations of assets in official documents, citing a source familiar with the investigation.
James’ yearslong probe into Trump’s charitable foundation led to its dissolution in 2018. More recently, her investigation into whether Trump’s business had inflated the value of its assets for the purposes of tax breaks and loans came to a head in October when Eric Trump, the president’s son and an executive at his business, sat for a pre-election deposition.
A representative from the Trump Organization did not immediately respond to a request for comment.
Source: NCB News
Comments
more recommended stories
One in 20 people identifies as part of the LGBTI community in Yucatan (ENDISEG)
Based on the National Survey on.
Canadian Expat Runs Over Motorcyclist in Progreso, Yucatan
A resident of Canadian origin accidentally.
SSP agents rescue workers held inside a property in Mérida’s San Sebastián neighborhood
Authorities of the Yucatan State Government.
Hundreds of same-sex couples get married in Mexico City massive ceremony
In Mexico City, hundreds of same-sex.
Four killed in Colombia as Bullring collapses (Watch Video)
Four people were killed and about.
-
Six police officers were gunned down in Nuevo León, Mexico
Six police officers were killed and.
President Biden condemned human smuggling criminal networks and blamed them for the San Antonio tragedy
President Joe Biden on Tuesday condemned human.
Tropical Storm Bonnie likely to form this week in the Atlantic
Potential Tropical Cyclone Two is likely.
Fifty migrants found dead inside a truck in Texas
In one of the deadliest recent.
Heineken to invest US$90 million in new Mexico plant
Heineken will build a 1.8 billion.
Leave a Comment