R.I.P. Scout26
Sonia Moghe@soniamoghe·12hNEW: The @NewYorkStateAG investigation into the Trump Organization is “no longer purely civil.”“We are now actively investigating the Trump Organization in a criminal capacity, along with the Manhattan DA,” a spokesman told CNN.
For the past two years, James' office looked into matters including whether or not it improperly inflated assets on financial statements to secure loans and obtain economic and tax benefits, as well as how Trump Organization employees were compensated.Trump's former attorney Michael Cohen testified before Congress in 2019 that Trump's annual financial statements inflated the value of his assets to secure favorable loans and insurance coverage, but deflated the value of other assets to reduce real estate taxes.
"We are now actively investigating the Trump Org in a criminal capacity"
Maybe Trump should declare bankruptcy in a federal court in Texas .