NY Attorney General Says Trump Organization Misled Tax Officials and Banks
Summary from the AllSides News Team
On Tuesday, the office of New York Attorney General Letitia James notified a court that its investigators found evidence that the Trump Organization misled tax officials and banks by using misleading asset valuations.
The office also claims that it needs the testimonies of former President Donald Trump, Donald Trump Jr. and Ivanka Trump to determine what they knew about alleged omissions in financial statements and tax submissions. This is the first time during her office's probe that James has leveled any accusations of wrongdoing. She also has told investigators that there has been no final decision of whether or not to charge the Trump Organization with fraud.
Featured Coverage of this Story
From the Right
Letitia James seeks to force Trump, Donald Jr. and Ivanka to cooperate with probe
New York Attorney General Letitia James has taken legal action to force former President Donald Trump, Donald Trump, Jr. and Ivanka Trump to cooperate with her investigation into the Trump Organization’s financial dealings.
James on Tuesday filed a motion seeking a court order to compel the three family members to appear for sworn testimony as required by subpoenas that have been issued to the Trumps by her office.
The attorney general’s action came in response to an earlier motion filed by Trump and the two children to quash the interviews...
From the Left
New York attorney general's office says it has identified numerous 'misleading statements and omissions' in Trump Org. financial statements
New York Attorney General Letitia James' office says it needs the testimony of former President Donald Trump and two of his adult children to determine their knowledge of what investigators say they have identified as numerous "misleading statements and omissions" in tax submissions and financial statements used to obtain loans.
In a court filing late Tuesday, investigators stated the office "intends to make a final determination about who is responsible for those misstatements and omissions," adding that "OAG requires the testimony and evidence sought herein to determine which Trump Organization employees and affiliates — and...
From the Center
New York AG: Investigation found evidence of Trump business fraud
The New York attorney general's office said in court filings late Tuesday that it has found "significant" evidence that former President Trump's company committed fraud, and asked a state judge to order Trump and two of his children to testify in the investigation.
Over the past year, the attorney general's office said in its filings, the investigation "has developed significant additional evidence indicating that the Trump Organization used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions."
New York Attorney General Letitia James (D) has outlined the focus of...
AllSides Picks
May 7th, 2024
May 12th, 2024
May 9th, 2024
More News about Donald Trump from the Left, Center and Right
From the Left
From the Center
From the Right
