Courtesy of NYT:
The Manhattan district attorney’s office suggested on Monday that it has been investigating President Trump and his company for possible bank and insurance fraud, a significantly broader inquiry than the prosecutors have acknowledged in the past.
The office of the district attorney, Cyrus R. Vance Jr., made the disclosure in a new federal court filing arguing Mr. Trump’s accountants should have to comply with its subpoena seeking eight years of his personal and corporate tax returns. Mr. Trump has asked a judge to declare the subpoena invalid.
The prosecutors did not directly identify the focus of their inquiry but said that “undisputed” news reports last year about Mr. Trump’s business practices make it clear that the office had a legal basis for the subpoena.
The reports, including investigations into the president’s wealth and an article on the congressional testimony of his former lawyer and fixer, Michael D. Cohen, said that the president may have illegally inflated his net worth and the value of his properties to lenders and insurers. Lawyers for Mr. Trump have said he did nothing wrong.
The clash over the subpoena comes less than a month after the Supreme Court, in a major ruling on the limits of presidential power, cleared the way for Mr. Vance’s prosecutors to seek Mr. Trump’s financial records.
The filing from prosecutors came in response to an argument Mr. Trump made last week, calling the subpoena from Mr. Vance, a Democrat, “wildly overbroad” and issued in bad faith.
Trump responded to this news by suggesting that it was part of a witchhunt.
Courtesy of The Independent:
President Donald Trump has dismissed a Manhattan prosecutor’s bank fraud investigation into his businesses as “just a continuation of the witch hunt”, claiming Democrats and intelligence holdovers from the Obama administration have been after him for years.
“They failed with Mueller, they failed with everything. They failed with Congress. They failed at every stage of the game,” Mr Trump said at a press conference on Monday.
“This has been going on for three and a half, four years, even before I got in,” he said.
Yeah, I really don’t see how the impeachment investigation and this court filing are related.
Oh man, Trump must be terrified to leave office at this point.
He will spend the rest of his life in court fighting criminal inquiries, personal lawsuits, and Congressional investigations.
And I could not be happier about that.