Trump's Bank Was Subpoenaed by N.Y. Prosecutors in Criminal Inquiry.

[elleng]

Source: nyt

The New York prosecutors who are seeking President Trump’s tax records have also subpoenaed his longtime lender, a sign that their criminal investigation into Mr. Trump’s business practices is more wide-ranging than previously known.

The Manhattan district attorney’s office issued the subpoena last year to Deutsche Bank, which has been Mr. Trump’s primary lender since the late 1990s, seeking financial records that he and his company provided to the bank, according to four people familiar with the inquiry.

The criminal investigation initially appeared to be focused on hush-money payments made in 2016 to two women who have said they had affairs with Mr. Trump.

But in a court filing this week, prosecutors with the district attorney’s office cited “public reports of possibly extensive and protracted criminal conduct at the Trump Organization” and suggested that they were also investigating possible crimes involving bank and insurance fraud.

Read more: https://www.nytimes.com/2020/08/05/nyregion/trump-taxes-vance-deutsche-bank.html?

[Sneederbunk]

1. Deutsche Bank told court in 2019 that it did not have Trump tax returns.

[Fiendish Thingy]

2. Rachel reporting that subpoena was issued months ago, and the bank complied

The bank has already Provided the DA with documents and records.

This is a big f*cking deal.

[regnaD kciN]

3. Big, indeed...

...but likely to be strung out until well after the election. By which time, it will be irrelevant either way.

[Fiendish Thingy]

4. Not since this is a state prosecution

It is unexplored territory...if Trump is re-elected, but also indicted by NY state for fraud, etc, how does that get handled?

Hopefully any indictments will come before the election.

[Baked Potato]

5. And his bookkeeper Allen Weisselberg talked a long time ago I think.

[Mike 03]

6. Yes, under an immunity agreement. nt

[bluestarone]

7. This guy KNOWS ALL!

Hope he stays safe!!!