N.Y. prosecutor hires forensic accounting experts as Trump criminal probe escalates
Source: Washington Post
District Attorney Cyrus R. Vance Jr. opened the investigation in 2018 to examine alleged hush-money payments made to two women who, during Trumps first presidential campaign, claimed to have had affairs with him years earlier. The probe has since expanded, and now includes the Trump Organization's activities more broadly, said the people familiar with the matter.
Vance has contracted with FTI Consulting to look for anomalies among a variety of property deals, and to advise the district attorney on whether the presidents company manipulated the value of certain assets to obtain favorable interest rates and tax breaks, according to a person with knowledge of the investigation who, like others, spoke on the condition of anonymity because the matter remains highly sensitive. The probe is believed to encompass transactions spanning several years.
Read more: https://www.washingtonpost.com/national-security/trump-tax-returns-new-york-investigation/2020/12/29/11c43a38-43c8-11eb-b0e4-0f182923a025_story.html
Botany
(70,501 posts)A headline so nice it needs to be posted twice.
soothsayer
(38,601 posts)Hoo golly this is awesome and foreboding.
Hope hes skeered.
mitch96
(13,895 posts)kurtcagle
(1,602 posts)I also have to wonder how much such forensic examinations will bring to light money funneled through Trump's various corporations during his tenure as president. Money laundering and embezzlement are both state crimes rather than federal ones. Trump may be the first president to ever be considered a flight risk.
TexasBushwhacker
(20,185 posts)He pumps up the values to get loans, then knocks down the values for his property tax.
sop
(10,167 posts)onetexan
(13,040 posts)reelection campaign as well and put an end to it. It is just another grifting vehicle after all.
bluestarone
(16,926 posts)The next 20 days will be as BAD for him ( he knows what's coming) as they will be for us!
stillcool
(32,626 posts)and Kushner's personal banker at Deutsch, who just resigned, inked the deal after it had already been denied. Don't know how Trump could satisfy that loan on the up & up.
NEOBuckeye
(2,781 posts)Hes more than earned it.