Monday, August 24, 2020

New York Attorney General Investigating Trump Organization, President Trump's Assets

The New York Attorney General's Office is investigating whether the Trump Organization and President Trump inflated his assets in financial documents, according to court papers filed Monday.

The new documents, filed on the first day of the Republican National Convention, ask a New York court to order the Trump Organization and others to comply with subpoenas, including one issued for testimony from Eric Trump, who has led the Trump Organization since his father took office.

The state's top prosecutor opened the investigation in March 2019, after Michael Cohen, the president's former personal lawyer and a former senior executive of the Trump Organization, provided Congress with copies of Mr. Trump's financial statements and testified that his assets were inflated to secure favorable loans and tax benefits, according to Monday's filing.
 

https://www.wsj.com/articles/new-york-attorney-general-investigating-whether-president-trump-organization-inflated-his-assets-11598291821?mod=hp_lead_pos4 

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