New York attorney-general investigates Trump projects

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This appears to be a reference to the recent news that the NY attorney general's office has issued subpoenas to two banks regarding multiple projects pursued by the Trump Organization.

The New York attorney general's office issued subpoenas on Monday to two banks for records relating to the funding of several Trump Organization projects, The New York Times reported.

The investigation's scope is not yet known at this time, additional reporting from Bloomberg noted.

The investigation was prompted by last month's congressional testimony of president Donald Trump's former lawyer and trusted advisor Michael Cohen, who said Trump had submitted falsified financial statements to the German lender, the paper writes.

Michael Cohen told Congress that Donald Trump inflated his assets to improve his odds of buying the National Football League's Buffalo Bills, a gambit that eventually failed.

Trump has a rich recent history of grievances against the NY attorney general's office. The attorney general has broad authority under state law to investigate fraud and can fine - or in extreme cases, go to court to try to dissolve - a business that is found to have engaged in repeated illegality.

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However, in 2012 and again in 2016, Californian voters rejected ballot measures aimed at abolishing the death penalty. More than 900 people have been sentenced to death in California since 1978 but only 13 have been executed.

The U.S. -based unit, which works with ultra-wealthy clients, lent Trump more than $270 million from 2012 to 2015 for his Doral golf resort outside Miami and the luxury hotel revamp of the Old Post Office Building in Washington, the Times writes.

Investigators also requested records connected to an unsuccessful effort to buy the Bills, the person said. The Trump Organization didn't immediately respond to a request for comment.

President Donald Trump has tweeted an apparent response to a NY investigation into his business empire, saying the state and Gov. Andrew Cuomo are now "proud members of the group of PRESIDENTIAL HARASSERS".

Deutsche Bank declined to comment on the report. Trump has referred to him as "sleazebag AG Eric Schneiderman" and "Shady Eric".

The committees' top Democrats have been interested in Deutsche Bank because it's one of the few big banks willing to lend to the Trump Organization.

Mr. Trump was also previously caught in litigation with the bank over outstanding balances on construction loans.

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