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Prosecutors expand investigations against Trump group

2020-08-24T20:49:10.965Z


Has US President Donald Trump made sure that his son Eric has reduced the family fortune in order to get loans and save taxes? Investigators are now on the trail of this suspicion.


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Eric Trump as his father's governor in the group

Photo: GARY CAMERON / REUTERS

The New York Public Prosecutor's Office is investigating the suspicion that US President Donald Trump's group of companies has made false statements about the value of their property. The filing with a Manhattan court on Monday, according to the question of whether Trump wanted to secure loans in this way and achieve tax and economic advantages. 

In addition, the investigators want to force a testimony from the President's son Eric Trump and the release of numerous documents from the Trump organization, according to court documents published on Monday.

Eric Trump canceled a survey scheduled for July. Meanwhile, Attorney General Letitia James said he completely refused to ask investigators questions. James said she began her investigation after Donald Trump's former personal attorney Michael Cohen testified before the US Congress that Trump's financial statements had increased the value of some assets to save money on loans and insurance. In addition, other assets were reported too low to lower property taxes.

Hush money payments for porn star?

In this context, the authorities are examining four properties, including one in the center of Manhattan. According to James, Eric Trump is closely involved in one or more transactions as executive vice president of the Trump Organization holding company.

It is not the only investigation against the Trump company. The Manhattan attorney, Cyrus Vance, wants to see the release of tax documents from Trump and his companies over a period of eight years. The investigation also looks at alleged hush money payments Cohen allegedly paid to porn star Stormy Daniels and former playmate Karen McDougal. Both women claim to have had affairs with Trump. He denies.

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jat / dpa / Reuters

Source: spiegel

All news articles on 2020-08-24

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