The USA Ministry of Justice‘s criminal proceedings against donald trump about the secret documents secured by him Mar-a-Lago Residency isn’t the only legal challenge facing the former president. He and his real estate business – The Trump Organization — are also the subject of a civil investigation by the New York Attorney General‘s office.
What happened: The attorney general’s office has rejected an offer by Trump’s attorneys to settle the investigation and is also considering suing at least one of the former president’s adult children — Eric, Ivanka and Donald Trump Jr. — who were all executives at The Trump Organization. The New York Times said in a report citing people with knowledge of the matter.
The likelihood of a fraud lawsuit by Trump has now increased, the report added.
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Attorney General letitia james, a Democrat, has been conducting the 3 1/2-year investigation into whether Trump “fraudulently” inflated the value of his fortune. She is up for re-election in mid-November, the NYT report said.
Trump has reportedly denied any wrongdoing and has accused James of leading a politically motivated witch hunt, the report said.
Why it matters: If the investigation culminates in a court case and Trump faces losing, he may face fines and restrictions to conduct business operations in New York, the report added.
development comment, Andreas Weissman, A former DoJ attorney and legal expert said, “I suspect this civil case will eventually be settled.”
“Trump will never want all this dirty laundry to be aired publicly.”
The Trump Organization is also facing criminal tax proceedings in Manhattan, in which the Attorney General’s Office is also involved. Longtime CFO Allen Weisselberg lately pleaded guilty to participating in the tax settlement and has agreed to testify…
