Manhattan prosecutors are reportedly 'significantly escalating' their investigation into Trump
An investigation into President Trump being conducted by Manhattan prosecutors is reportedly "significantly escalating."
The office of Manhattan district attorney Cyrus Vance Jr. has "stepped up its efforts" to investigate Trump's business conduct, in recent weeks "significantly escalating" the probe by interviewing employees of lender Deutsche Bank and insurance broker Aon, The New York Times reported on Friday. The prosecutors have reportedly issued new subpoenas and questioned witnesses before a grand jury for investigative purposes.
The Manhattan state prosecutors have sought Trump's tax returns as they look into potential financial misconduct, including "possible insurance, tax and bank-related fraud in the president's corporate dealings," according to the Times. In 2019, Trump's former lawyer Michael Cohen while testifying before Congress accused the president of having "inflated his total assets when it served his purposes" and "deflated his assets to reduce his real estate taxes." Trump has denied any wrongdoing.
While noting it's not clear if any charges will ultimately be brought, the Times wrote that this was the "latest indication that once Mr. Trump leaves office, he still faces the potential threat of criminal charges that would be beyond the reach of federal pardons." Read more at The New York Times.
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