The person has no right to discuss the matter publicly and speaks anonymously.
new York. – The New York Attorney General launches a civil investigation into President Donald Trump’s commercial transactionsAfter his former lawyer told Congress, he was exaggerating his wealth to obtain loans.
A person familiar with the matter said that Attorney General Letitia James issued a subpoena to Deutsche Bank and Investor Bank on Monday to seek records related to four Trump real estate projects, as well as his removal from the NFL in 2014. The failure to buy the Buffalo bill.
The person has no right to discuss the matter publicly and speaks anonymously. The New York Times first reported the subpoena.
Trump’s former lawyer, Michael Cohen, told Congress in late February that Trump had exaggerated his wealth in the financial statements provided to Deutsche Bank. When he tried to obtain financing to buy notes. He told the House Committee that it is common for Trump to exaggerate his wealth when dealing with the media or banks, but underestimate him when paying taxes.
The message left by the bank and the Trump Organization did not return immediately.
The subpoena issued by the attorney general will search for loan applications, mortgages, credit lines and other documents related to the Trump International Hotel in Washington, DC, buildings in Chicago and New York, and golf courses in the Miami area.
James, the newly elected Democrat vowed to analyze Trump’s business practices. He said that after his victory last November, “bright light will shine in every dark corner and every transaction of his real estate transaction. “
Trump complained that James sent him a politically motivated vendetta.. His office is also responsible for overseeing lawsuits against Trump’s charity. James’ predecessor sued Trump about the operation of his real estate college, Trump University.
Earlier, another New York State agency that oversees insurance companies launched an investigation into Cohen’s allegations, which alleged that Trump also misled the financial value of insurance companies. Trump stated that Cohen was lying, trying to avoid imprisonment for tax evasion, violation of campaign finances, making false statements to the bank, and lying to Congress.