NY Prosecutors Investigating Trump's Co. for "Possibly Extensive and Protracted Criminal Conduct"
Manhattan district attorney, Cyrus R. Vance Jr. suggested in a federal court filing yesterday that he is investigating Donald Trump's company for bank and insurance fraud, citing "public reports of possibly extensive and protracted criminal conduct."
Based on Vance's filing, it appears that prosecutors have broadened their investigation beyond the "hush-money payments made in the run-up to the 2016 presidential election to two women who said they had affairs with Mr. Trump."
This new information about Vance's investigation came as part of his attempt to force Trump to turn over eight years of his personal and corporate tax returns. Trump has fought the prosecutor's subpoenas for more than a year, arguing that as a sitting president he is immune from state criminal actions. The US Supreme Court rejected that theory last month, but returned the case to a lower court to litigate Trump's other objections to turning over his tax records.
Vance suggested recently that Trump is dragging out the legal fight until the statute of limitations runs out on the crimes he is investigating.
By: Don Lam & Curated Content