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

Netanyahu: ‘Iran Wants to Kill Trump’

Netanyahu praised Trump’s record on Iran, highlighting key decisions such as the withdrawal from the Iran nuclear deal…reports Asian Lite News Israeli PM Netanyahu has alleged that Iran plotted to assassinate Donald

Trump, Putin Seek Peace In Middle East

Trump said he explained to the Russian president that the Russia-Ukraine conflict “should also end” during the one-hour call. U.S. President Donald Trump said he had a phone call with his Russian

‘No Kings’ Rallies Rock U.S.

Demonstrators marched through downtowns and public parks carrying banners, chanting anti-authoritarian slogans, and waving both American and Mexican flags Thousands of demonstrators took to the streets across the United States on Saturday

Trump-Putin Chat Revives Hope

Trump emphasised that the situation in the region is “very alarming” and urged Putin to end Russia’s involvement in the Ukraine. US President Donald Trump revealed on Saturday (local time) that he
Go toTop

Don't Miss

US Covid-19 cases hit six-month high

Across the country, states are struggling to fend off the

US sees nearly 330k child Covid cases in a month

Approximately 5.8 million child Covid-19 cases had been added in