WSJ scoop: NY prosecutors are investigating financial dealings around some of Trump's Manhattan

[MelissaB]

WSJ scoop: New York prosecutors are investigating financial dealings around some of Trump’s signature Manhattan properties, extending the known range of the criminal probe of the former president and his company.

Link to tweet

New York Prosecutors Investigating Trump’s Manhattan Properties

Officials are investigating loans the former president took on four buildings, including his flagship Trump Tower


New York prosecutors are investigating financial dealings around some of Donald Trump’s signature Manhattan properties, extending the known range of the criminal probe of the former president and his company, according to people familiar with the matter.

The people said Manhattan prosecutors are examining loans Mr. Trump took out on his flagship Fifth Avenue building, Trump Tower; 40 Wall St., an art deco skyscraper in New York City’s Financial District; Trump International Hotel and Tower, a hotel and condominium building at Columbus Circle; and Trump Plaza, an apartment building on Manhattan’s East Side.

All of the loans under scrutiny were made to Mr. Trump by subsidiaries of Ladder Capital Corp. , a New York City-based real-estate investment trust, the people said. Since 2012, Ladder Capital has lent Mr. Trump more than $280 million for the four Manhattan buildings, according to property records.

Lawyers for Mr. Trump and the Trump Organization declined to comment. Mr. Trump has called the probe a partisan “witch hunt” led by Manha...


More (that's all I can snip): https://www.wsj.com/articles/new-york-prosecutors-investigating-trumps-manhattan-properties-11613241198?st

[Mike 03]

1. Here's a little background on Ladder Capital, from a 2017 Mother Jones article

Meet the Obscure Company That Just Lent Trump Even More Money

Ladder Capital Finance is already the president’s second-largest creditor.

https://www.motherjones.com/politics/2017/06/trump-ladder-capital-loan/

[Me.]

2. If The Past Is Prologue

they'll be investigating until the cows come home and nothing will come of it.Now if it was the NY Ag that would be different.

[DeminPennswoods]

3. "Witch hunts" sure follow Trump around

like a black cloud, don't they?

[jimfields33]

4. These investigations should have been done long ago

Why weren’t they? I understand the four years as president, but there’s a lot of time prior to that.

[LizBeth]

5. After over four years watching NYC prosecutor dept not get anyting done, I figure there is someone

in there protecting Trump. A year ago, more or less, asked why they didn't get taxes when they could have and then more recently read where they coddled. I do not know but I am not expecting anything from these people.

[sarcasmo]

6. Above the law. Felony Trump keeps getting over.