New York attorney general sues Trump Organization, revealing state investigation into the company's

[mtngirl47]

Source: Washington Post

New York attorney general sues Trump Organization, revealing state investigation into the company’s financial dealings

August 24, 2020 at 1:32 p.m. EDT

The New York Attorney General is investigating President Trump’s private business for a allegedly misleading lenders by inflating the value of its assets, the attorney general’s office said Monday in a legal filing.

In the filing, signed by a deputy to Attorney General Letitia James, the attorney general’s office said it is investigating Trump’s use of “Statements of Financial Condition” — documents Trump sent to lenders, summarizing his assets and debts.

The filing asks a New York state judge to compel the Trump Organization to provide information it has been withholding from investigators — including a subpoena seeking an interview with the president’s son Eric.

The attorney general’s office said began investigating after Trump’s former lawyer and “fixer,” Michael Cohen, told Congress in February 2019 that Trump had used these statements to inflate his net worth to lenders.

Read more: https://www.washingtonpost.com/politics/new-york-ag-trump-organization-lawsuit/2020/08/24/882c03a8-e60e-11ea-bc79-834454439a44_story.html?tidr=a_breakingnews&hpid=hp_no-name_hp-breaking-news%3Apage%2Fbreaking-news-bar

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Happy RNC Mr. Trump!

[soothsayer]

1. Huzzah

[TeamPooka]

2. "Eric is just a coffee boy. I hardly know him. Met him a couple of times....

"Eric is just a coffee boy. I hardly know him. Met him a couple of times. I take pictures with lots of people. I don't wish him well." - Donald Trump in about 10 minutes....

[George II]

3. By the time this is all over there won't be anybody left in his family that he remembers:

Maryanne
Mary
Eric

Soon to be Junior, Ivanka, Melania, Marla Maples, Ivana, Tiffany, even Barron. About the only person he'll remember is Stormy Daniels!

[Illumination]

13. He had to be "reminded" to put a photo out behind his desk of his mother!...

[bucolic_frolic]

7. Didn't he comment about the flow of rubles?

Or do I get all the players confused. My bad.

[TeamPooka]

8. yeah Eric was the one who was "We have all the funding we need from Russia..."

[The Magistrate]

4. A Nice Jab To set Up The Cross, Ma'am

Evidence collected for a civil proceeding can be used in subsequent criminal prosecution, and losing a civil suit does not preclude subsequent criminal prosecution. There is no double jeopardy, because a civil suit only puts your money at risk, not your liberty.

Even were one to accede the immunity in office claim, it is hard to see any sensible argument that would extend to a business enterprise, or to family members....

[chriscan64]

10. Especially

a business enterprise that he claimed to leave to his children when taking office.

[2naSalit]

5. K&R

[George II]

6. I wonder if this is what Taylor was referring to here:

Link to tweet

[Imallin4Joe]

9. Another day, another potential felony committed by Trump exposed.

Is he going for the all-time crimes committed by a Prez record? If so, he's smashed previous records and his legacy will be the most crooked, criminal sack of shit to ever hold that office.

He's like the Cy Young of pres criminals.

His record will be virtually unbreakable.

recced

[mahatmakanejeeves]

11. Take it away, Popehat:

MadAtTheFDAHat Retweeted

The NY AG's office has gone to court to force the Trump Org. to comply with subpoenas for testimony (spec. Eric Trump) and docs as part of a fraud investigation: https://ag.ny.gov/sites/default/files/doc_11_memorandum_of_law.pdf

The doc lists several properties the AG's office is probing, but one focus is an estate in NY

Link to tweet

Looks like it may be the time for a repeat of the "when can you plead the Fifth in response to a demand for documents" explainer

Link to tweet

NY AG says Eric Trump cancelled an interview, and now won't comply with their subpoena -- citing "rights afforded to every individual under the Constitution."

Link to tweet

Also, it looks like the NYAG has dug into one of the biggest unsolved mysteries in
@realdonaldtrump
's finances: the $50M+ loan he claims to owe to "Chicago Unit Acquisition," which is owned by...Trump.
Here's an explainer on that loan from
@motherjones
:

Link to tweet

{There's always a tweet.}

Link to tweet

[Lock him up.]

14. Is there a 5th Amendment in RICO cases? (Just asking.)

If not, please PROCEED... anyone?

RICO the tRump MOB (180,+++ DEAD and counting+++)

[JustAnotherGen]

12. News i can use

We knew this was being looked at - but now? It seems they've got the goods.