D.A. Is Investigating Trump Over Fraud Claims From Mainstream Media Reports
The Manhattan district attorney’s office suggested on Monday that it had 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. . .
In the new filing, the prosecutors did not explicitly identify the matters under scrutiny in the grand jury inquiry, which by law is conducted in secret. But they said that “undisputed” assertions in earlier court papers and several news reports about Mr. Trump’s business practices showed that the office had a wide legal basis for the subpoena. . .
The prosecutors cited newspaper reports, including one that concluded the president may have illegally inflated his net worth and the value of his properties to lenders and insurers. They also included an article on the congressional testimony of his former lawyer and fixer, Michael D. Cohen, who told lawmakers last year that the president had committed insurance fraud. Lawyers for the president have denied wrongdoing. (Read more from “D.A. Is Investigating Trump Over Fraud Claims From Mainstream Media Reports” HERE)
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