NY AG says investigation into Trump and his business found ‘significant evidence’ suggesting fraud

New York Attorney General Letitia James disclosed new details Tuesday night about her civil investigation into former President Donald Trump’s business, saying

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1/19/2022 11:18:00 AM

BREAKING: New York AG Letitia James says her investigation into former President Trump and the Trump Organization found 'significant evidence' suggesting fraud.

New York Attorney General Letitia James disclosed new details Tuesday night about her civil investigation into former President Donald Trump’s business, saying

evidence suggesting the fraudulent valuing of multiple assets and misrepresentations of those values to financial institutions for economic benefit.James, who launched her probe in 2019, also said in the court filing that the former president “had ultimate authority over a wide swath of conduct by the Trump Organization involving misstatements to counterparties, including financial institutions, and the Internal Revenue Service.”

She further referenced two of the former president’s adult children, Donald Trump Jr. and Ivanka Trump.“Since 2017, Donald Trump, Jr. has had authority over numerous financial statements containing misleading asset valuations,” James wrote in the court filing.

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A criminal enterprise, RICO Lock them up! Yeah, Adam Schiff found “ significant evidence “ of wrongdoing as well. Until he was put to it, then he ran like a Kennedy from a car-wreck. 'just like significant Russian collusion' Who would have guessed it 🤔 No they didn't. This is for the weak minded. Anybody that researches into what they are saying knows its just more propaganda to drag people along. Schiff said multiple times he seen evidence of collusion with his own eyes. Was undisputable yet nothing has happened

Jan. 6 Committee calls on Ivanka Trump to voluntarily provide her testimony Look, it’s Donnie telling the blonde chick he would like to date her, in spite of being his daughter. Will she say yes? Now years on and still nothing will happen. Political theater. ICYMI: New York AG Letitia James in her investigation into Donald J. Trump and the Trump Organization found 'significant evidence' of nationwide fraud.

I’ve heard this before. Schiff/Nadler didn’t bring the goods. Mueller didn’t bring the goods. If James has the goods, bring it. Same w Garland ChickenLittle wegothimnow

New York AG Acts To Compel Trumps To Testify In Financial Fraud CaseLetitia James said her office has “significant evidence” in its case against the Trump Organization and is turning up the heat on Ivanka and Donald Trump Jr. TrumpCrimeFamily TrumpCrimeFamilyForPrison Trump Tick Tock Motherfvckers! TrumpOrganization MAGA Blah blah blah

Suggesting and proof of, are 2 different things. Look at her sexual harassment charge case against cuomo. NO CHARGES. NewYorkStateAG . She is just a limelight seeker. She wants attention. Waste more money on investigations. Smfh Put up or shut up. Trial by media is alive a well, they need Trump for their ratings since in their world truth doesn't sell.

Please! This time make something stick! I suspect that this will be long & drawn out. Can Trump run if he is under multiple indictments, & how far along will these investigations take Everything is about Trumpster cause you know he is the real President Nobody is buying it, if Trump had been guilty of jaywalking he would've been charged by now. The New York bar association is the laughingstock of the entire nation.

If it results in prosecutions. Not just more press releases.

New York AG says Trump's company misled banks, tax officials | AP NewsNEW YORK (AP) — The New York attorney general’s office late Tuesday told a court that its investigators had uncovered evidence that President Donald Trump’s company used “fraudulent or misleading” asset valuations to get loans and tax benefits. Kind of like Al Capone. Fitting. Not new, he's been doing that since the 70's Trump's company

They need to go to jail, and Dear God don’t let them crooks Back in the Peoples house 🙏🏽🙏🏽🙏🏽 Annnnddd……….? Maybe if you and her office were not do obsessed she could stop police officers from getting killed. Or the murder rate would drop. You and your station are trash and just fo the liberals bidding

I could suggest that the NY A.G is full of it, this statement is the suggestion of the evidence required. There is either evidence or there is not. Oh boy, that’s “Breaking News”. Get over it already. Your network is obsessed with Trump….sooooo boring Yet they never show it. Maybe because it's another fantasy.

I call bullcrap And still, they all walk free today. Fucking do something!

New York Attorney General: We Found ‘Significant Evidence’ of Trump Organization Fraud“The Trump Organization used fraudulent and misleading asset valuations on multiple properties to obtain economic benefits,” wrote Letitia James. 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 Whaaaat? Trump connected with fraud...?!? Can't imagine it. Must be the wrong guy. We wish she would just focus on helping NYC…sigh…

Oh-My-GodOmniabsolute=Universe's-Gravity: Okay; 'AG Letitia James', so what's the penalty!$!$ That photo perfectly sums up the Trump family. Bunch of crap. Focus on the disaster we have in the Whitehouse. Get out of your echo chamber. MSLSD LetsGoBrandon RexChapman This family needs to be taken down hard and locked away for a long time.

I'll take 'Tell me something I didn't know' for $1000 Alex. Bit do you have his emails…🧐 If anyone is surprised, they have been living under a rock Time’s up! Indict. 20th post today on Trump. Funny how MSNBC spent the last 2 years supporting and defending the destructive and deadly BLM riots … the hypocrisy is astounding.

Can we quit using the court of public opinion as the first test of guilt or innocence? This goes for everyone.

New York Attorney General: Evidence Suggests Trump and Company Falsely Valued AssetsThe New York attorney general’s office said it uncovered a swath of evidence that former President Donald Trump and his company falsely valued assets to obtain loans, insurance coverage and tax deductions. Handcuffs OUT….. They been trying to hang that man 5 years now. Let him be. Poor dems The New York Attorney General has a vendetta against Donald Trump family & the NRA. She has failed to go after the real crooks. Ask Michelle Alyssa Go's family. The suspect should have been a court committal. Ask the women that have had their bags stolen while shopping NYC. WOKE

I’m shocked 😳. Just kidding. “Her office added that it 'has not yet reached a final decision regarding whether this evidence merits legal action.” Waste of tax payers monies Some ya'll bought swamp land in Florida at a premium and it shows We the people keep voting in criminals, that includes SpeakerPelosi & Biden with Hunter

Don’t hold a news conference unless your getting ready to arrest someone! Letitia James campaigned on a promise to investigate and harass Trump, then she won on that and now is doing it. Anyone not suffering from TDS can see this is not how it is supposed to work. Where does this lead? You will never get successful people to run for office. 1/2

Well I hope this investigation goes better than the one you did against Cuomo. Every charge that he was hit with - nobody’s going to prosecute him for it. What a slap in the face to all those women that came forward. Lock them all up. Wow…even (R)NBC is covering this story ! Must be big.

Jimmy Kimmel Spots Trump Rally's Wildest Moment -- And It Wasn't Even TrumpThe late-night host also found one thing he and Trump can agree on. Come on, Huff. Give trump less. Give forward more. I highly doubt this is newsworthy HuffPo. Finally he admits that the big guy is actually a big lie!

Yet she doesn’t know if she is filing charges. Political hit job In the United States, a former president will never be convicted of something that has prison time, cowards, money and anger won't let it Morning_Joe They've been flaunting their fraud in plain sight for years. LockThemUp IndictTrump hope she does better on this than she did with Cuomo

Lol How suggestive I wonder. Plastic surgery in Brazil prisons after invading Brazil will Falkland pounds illegal in United States ? Ohh lord please be true! Well we know it’s true. But serve Justice this time please. 🙏 Long overdue Hey RepStefanik looks like you are associated with a criminal

New York attorney general's office says it has identified numerous 'misleading statements and omissions' in Trump Org. financial statementsNew York Attorney General Letitia James' office says it needs the testimony of former President Donald Trump and two of his adult children to determine their knowledge of what investigators say they have identified as numerous 'misleading statements and omissions' in tax submissions and financial statements used to obtain loans. Including exaggerating his 'penthouse' (penis) size by 3X 🤣🤣🤣 🤣……. Sure

Morning_Joe I’m a conservative and I’m fine with this. I don’t want trump competing in 2024 This is nothing surprising considering what and who the Trump family are 👇 We should find that most of the articles that NBC also reports on are fake. It's Not sounding good for the Trump empire. Looking forward to the developments. Between the New York DA investigation and the January 6th investigation I've got the popcorn ready 😋 But it looks like I might need a bigger bucket of popcorn 🍿 🤔.

Hopefully Hunter Biden will be investigated.🤷‍♂️ Yet no harassment charges. And the deranged people on this thread will go off like this a big deal or particular to the Trump’s organization. 😂

Shocker. cspanwj 👆 Tic Tac Morning_Joe Please expose this crime family !!!!!! You try putting all those bricks there and keeping all of those old men out of trouble. I doubt it! But what about the border? seanhannity What a shame! LOL! Is that the best Letitia can come up with? Because if that’s the case, she better hire more staff and start going after every corporation and many individuals since misinterpretation of valuation/income is a very common practice.

TFG is a fraudster, you don’t say. Sounds like the brainiac has nothing but political bullshit Well, no shit…

It‘s about time! Very good news. How much evidence before they’re all arrested? I want consequences

probe has uncovered evidence suggesting the fraudulent valuing of multiple assets and misrepresentations of those values to financial institutions for economic benefit. James, who launched her probe in 2019, also said in the court filing that the former president “had ultimate authority over a wide swath of conduct by the Trump Organization involving misstatements to counterparties, including financial institutions, and the Internal Revenue Service.” She further referenced two of the former president’s adult children, Donald Trump Jr. and Ivanka Trump. “Since 2017, Donald Trump, Jr. has had authority over numerous financial statements containing misleading asset valuations,” James wrote in the court filing. Ivanka Trump, a former White House adviser, “was a primary contact for the Trump Organization’s largest lender, Deutsche Bank. In connection with this work, Ms. Trump caused misleading financial statements to be submitted to Deutsche Bank and the federal government,” James wrote. “Thus far in our investigation, we have uncovered significant evidence that suggests Donald J. Trump and the Trump Organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for economic benefit,” James said in a statement Tuesday. “The Trumps must comply with our lawful subpoenas for documents and testimony because no one in this country can pick and choose if and how the law applies to them.” Her office added that it"has not yet reached a final decision regarding whether this evidence merits legal action." James is conducting a civil investigation into whether the Trump Organization committed fraud in reporting the value of certain properties to banks and tax authorities. Tuesday’s filing is in response to legal efforts by the former president to quash a series of subpoenas against him, Donald Trump Jr., and Ivanka Trump. James is seeking an order to compel all three to appear for sworn testimony. The filing says there have been problems with valuations in statements that have not been explained by the Trump Organization. “In light of the pervasive and repeated nature of the misstatements and omissions, it appears that the valuations in the Statements were generally inflated as part of a pattern to suggest that Mr. Trump’s net worth was higher than it otherwise would have appeared,” James wrote. NBC News has reached out to the Trump Organization for comment on the allegations against the company, Donald Trump Jr. and Ivanka Trump. Attorneys for Donald Trump Jr., Ivanka Trump and the former president did not immediately respond to overnight requests for comment. The state attorney general is assisting a separate Manhattan district attorney criminal investigation into allegations of tax fraud schemes at Trump’s company. Because of that, lawyers for Ivanka Trump, Donald Trump Jr. and their father have opposed the subpoenas from James’ office, arguing they are improper. The state attorney general “is engaged in a criminal investigation that has an active grand jury. It cannot issue subpoenas for testimony under the guise of a civil investigation that will immediately become available” to its own criminal investigation, the Trumps’ attorneys argued in their motion to quash the subpoenas. Ronald Fischetti, an attorney for Trump, said last month: “They have been investigating this for three years. We are not concerned about it, because he has done nothing wrong.” Tom Winter Tom Winter is a New York-based correspondent covering crime, courts, terrorism and financial fraud on the East Coast for the NBC News Investigative Unit. Jonathan Dienst Jonathan Dienst is a reporter for WNBC-TV in New York, leading its investigative reporting team and covering justice and law enforcement issues.