New York Investigation of Trump Finances Accelerating
Many have theorized that Donald Trump is trying so desperately to overturn the 2020 presidential election results so that he can remain in the White House, insulated from criminal prosecution. While Trump and his sycophantic minions have been filing and failing with their baseless legal claims around the country, New York state prosecutors have been steadily working on their criminal investigation of Trump’s finances.
According to the New York Times, Manhattan prosecutors in recent weeks have interviewed several employees of Trump’s bank and insurance broker in what appears to be a significant escalation of an investigation into the president, one that he is powerless to stop.
Interviews with people who work for Deutsche Bank and the insurance brokerage Aon could bring forth details about Trump’s finances that District Attorney Cyrus R. Vance, Jr., could use to bring state charges against Trump and his company, the Trump Organization, that would be beyond the reach of any potential federal pardons that the president could issue.
There is no indication that either company is suspected of wrongdoing.
The Times reports that in recent weeks Vance’s prosecutors have questioned two Deutsche Bank employees about the bank’s procedures for making lending decisions. Interviews have taken place in front of a grand jury and subpoenas have been issued.
Vance’s office also is fighting to obtain eight years of Trump’s tax returns. That case is now before the Supreme Court.
In court papers, the prosecutors have cited public reports of Trump’s business dealings as legal justification for their inquiry, including an article in the Washington Post that concluded the president may have inflated his net worth and the value of his properties to lenders and insurers.
Michael Cohen, Trump’s former lawyer and “fixer,” also told Congress in February 2019 that Trump and his employees manipulated his net worth to suit his financial interests.