January 4, 2022
1 min read

NY attorney general subpoenas Trump family in fraud probe

The filing came to light after the Washington Post reported in December that James had asked Trump to testify in person at her office on January 7….reports Asian Lite News

New York’s top justice official has subpoenaed ex-president Donald Trump, his son Don Jr. and daughter Ivanka in her investigation into the family’s business dealings, a court filing showed Monday.

State Attorney General Letitia James, a Democrat, issued the subpoenas seeking their testimony in her years-long civil probe last month, according to the document.

The filing came to light after the Washington Post reported in December that James had asked Trump to testify in person at her office on January 7.

Following the report, Trump sued James, arguing that she was violating his constitutional rights with a politically motivated investigation.

James is probing whether the Trump Organization may have illegally reported false values on its properties, potentially to gain banking and tax advantages.

She launched her investigation in March 2019 and suspects that the Trump Organization fraudulently overstated the value of certain properties when seeking bank loans, and later reported much smaller values when declaring assets so it could pay less tax.

Trump’s son Eric, who is executive vice president of the Trump Organization, was interviewed by James’s office on the issue in October 2020.

The Trump Organization is also under investigation by the Manhattan district attorney for possible financial crimes and insurance fraud.

In July, the Trump Organization and its long-serving finance chief, Allen Weisselberg pleaded not guilty in a New York court to 15 felony fraud and tax evasion charges.

His trial is due to begin in the middle of this year.

ALSO READ: Iran vows revenge unless Trump tried for General Soleimani’s killing

Previous Story

MBZ directs treatment for Afghan kid with cancer

Next Story

Hamdan approves 600 housing loans worth Dh600 million

Latest from USA

Trump Defiant as Markets Dive

Despite mounting investor anxiety and a steep drop in market values worldwide, Trump dismissed fears of economic fallout, declaring that “world leaders are dying to make a deal.” Amid deepening turmoil on

Jaguar Land Rover to pause US shipments

A 25% levy on car imports came into force on Thursday, one of several measures announced by US President Donald Trump which have sent shockwaves through global supply chains Jaguar Land Rover

Protests across US against Trump

The largest event was at the National Mall in DC, where demonstrators numbered in the tens of thousands People across the US took to the streets on Saturday to oppose what left-leaning

US to revoke all South Sudan visas

Trump’s administration has taken aggressive measures to ramp up immigration enforcement, including the repatriation of people deemed to be in the US illegallyThe US said on Saturday it would revoke all visas
Go toTop

Don't Miss

Trump demands release of unredacted affidavit

Laura Ingraham said it could be time to start looking

Bezos’ superyacht to see historic Rotterdam Bridge dismantled

The decision has sparked a wave of anger in the