New York Attorney General Letitia James has found evidence of federal crimes such as bank fraud and turned over the evidence to the IRS and federal prosecutors.
Video from James:
James said at a press conference:
His contact resulted in a violation of Section 6312 of the executive law, which gives the Attorney General broad special powers to deal with persistent and repeated fraud and illegality. It’s part of proving illegality under that part of Act 6312, we’ve shown they have violated several date criminal laws, including falsifying company records. Issuing false financial statements. Insurance fraud. Participate in a conspiracy to commit any of these state law violations.
We believe the conduct alleged herein violates federal criminal law, including making false statements to financial institutions and bank fraud. We refer those criminal violations that we have discovered to the U.S. Attorney for the Southern District of New York and the Internal Revenue Service.
The state of New York wants to ban Trump and his adult children from serving on a New York board, fine them $250 million and ban adult Trumps doing business in the state for five years.
Those are just the civil penalties that would be devastating to the Trump family and their company.
Attorney General James demonstrated at the press conference how Donald Trump deliberately increased his wealth to get loans from banks and how he lowered the value of those assets to avoid taxes.
The Trump family ran a real estate fraud scheme and now they’ve been caught.
The criminal charges so many Americans wished they would face is getting closer to becoming a reality. In addition to the current DOJ investigations, Trump and his children will face an SDNY investigation in New York and an IRS investigation.
The house of cards is collapsing as a return to the White House appears to be the only way Trump can save himself.
Mr Easley is the editor in chief. He is also a White House Press Pool and a congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His graduation work focused on public policy, with a specialization in social reform movements.
Awards and Professional Memberships
Member of the Society of Professional Journalists and the American Political Science Association