Published: Thu, March 14, 2019
World Media | By Cesar Oliver

New York State Attorney General opens investigation of Trump projects

New York State Attorney General opens investigation of Trump projects

"New York State and its Governor, Andrew Cuomo, are now proud members of the group of PRESIDENTIAL HARASSERS", the president tweeted.

A person familiar with the matter says Monday's subpoenas seek loan applications, mortgages and other records.

The subpoenas seek information related to loans for Trump-branded properties in Washington, Miami, New York and Chicago, as well as Trump's 2014 attempt to buy the Bills, according to the person. In order to get to the bottom of those claims, Schiff said his committee panel would talk with some of the banks that did business with Mr. Trump, including Deutsche Bank, which he says has had a "history of laundering Russian money". Trump gave Deutsche Bank bare-bones personal financial statements in 2014 when he planned to make a bid for the team, The New York Times has reported.

On Tuesday, James lobbied lawmakers in Albany to loosen double-jeopardy laws that prohibit state prosecutors from bringing similar charges against individuals pardoned from federal charges.

Mr Cohen told a House committee it was common for Mr Trump to overstate his wealth when dealing with the news media or banks, but understate it when it came time to pay his taxes.

Deutsche Bank said in a statement that it remains "committed to cooperating with authorized investigations".

Investors Bank and the Trump Organization didn't immediately respond to requests for comment late Monday. Letitia James was recently elected to be New York's attorney general - and she campaigned explicitly on holding Trump legally accountable.

House Democrats are also probing Trump's ties with Deutsche Bank, one of the few institutions to lend to Trump after a series of bankruptcies in the 1990s. James' predecessors sued Trump over the operations of Trump University, his real estate school.

Cohen testified that Trump inflated the stated worth of his assets in financial statements.

The New York attorney general's office has opened an investigation related to the financing of Trump Organization projects by Deutsche Bank, whose wealth management unit allegedly extended credit to Trump even after its investment bank stopped doing business with the organization, according to news reports.

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