UPDATE: NY AG Letitia James announced a lawsuit to dissolve NRA, accusing the gun rights group’s leaders of fraud.
New York State Attorney General Letitia James will make a “major national announcement” today.
The NY AG released a statement saying she’ll speak from her office at 11:30 a.m. Thursday, but offered no other details.
Some reports suggest James’ announcement will be related to New York state investigations into President Donald Trump’s businesses. The New York Times reported Wednesday that Deutsche Bank has turned over Trump’s financial records after the Manhattan District Attorney’s office issued a subpoena last year.
The Daily Beast reports the documents may show evidence of fraud, widening the probe into hush money payments made to women who said they had affairs with Trump. The president’s former personal lawyer Michael Cohen testified last year that Trump inflated his net worth by about $4 billion in a loan application to Deutsche Bank for a 2014 bid on the Buffalo Bills.
AG James also subpoenaed Deutsche Bank for records related to Trump last year following Cohen’s testimony, according to the Associated Press.
Deutsche Bank, which was also subpoenaed in Special Counsel Robert Mueller’s Russia investigation, has lent the Trump Organization more than $2 billion since the 1990s. Trump reportedly owed as much as $300 million to the German bank over deals before his election in 2016, including for a hotel in Washington, D.C.
Manhattan District Attorney District Attorney Cyrus R. Vance, Jr. said Monday he was seeking Trump’s tax returns going back eight years, citing public reports of “extensive and protracted criminal conduct at the Trump Organization.” Trump’s lawyers last month said the grand jury subpoena for the tax returns was issued in bad faith and amounted to harassment of the president.
Trump said Monday that the DA’s investigation is a ”continuation of the witch hunt.”
“They failed with Mueller,” he told reporters at the White House. “They failed with everything. They failed with Congress. They failed at every stage of the game. This has been going on for three and a half, four years.”
Gov. Andrew Cuomo signed a law last year preventing the president from issuing pardons for state crimes in New York. Supporters said New York’s broad double jeopardy law didn’t explicitly give state prosecutors a green light to bring charges when a defendant has received a federal pardon, ensuring state investigations into Trump and his associates would not be derailed by a presidential pardon.
johnnybiggles on August 6th, 2020 at 15:56 UTC »
Oh SHIT! They used the Trump Foundation as precedent for the dissolution case!! HAHA
frankbaptiste on August 6th, 2020 at 15:38 UTC »
She's going to seek to dissolve the NRA in a suit accusing the group of fraud and self-dealing. The Washington Post just reported it.
snootyvillager on August 6th, 2020 at 12:00 UTC »
Local reporting fr NYC is that this is about a different case, not the Deutsche Bank/Trump stuff.