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The Trump Organization fraud investigation is getting closer to former President Donald Trump, after it was revealed that the New York State Attorney General, Letitia james, will summon the former president to give a statement on the case.
The appointment would be on January 7, The Washington Post announced this Thursday, as part of the investigation into how the former president’s conglomerate modified the value of several properties to evade taxes and obtain other benefits with creditors.
Prosecutor James has led the civil investigation into a possible fraud by Trump’s company and managed to get the state Supreme Court bend Eric Trump to testify and deliver financial documents.
Currently, this investigation is carried out jointly with the Manhattan District Attorney’s office, after outgoing prosecutor Cyrus Vance reached an agreement to unify the investigations that were being carried out in parallel.
Prosecutor Vance, among other achievements, has had access to former President Trump’s tax and financial reports, after a tough legal battle, but that information cannot be made public.
Former President Trump has not been accused of wrongdoing, but prosecutors have not specified whether he will be a central target, which would complicate his aspirations for the presidential return in 2024.
According to documents obtained by the Daily Beast, the Trump Organization would have inflated the value of real estate to obtain a tax discount of $ 21.1 million dollars.
Investigations have led to the issuance of subpoenas to the towns of Bedford, New Castle and North Castle to deliver dozens of documents related to the referred deal.
Investigators requested copies of “zoning, property planning, or other building and construction permits” on the Seven Springs LLC property, among others.
Trump has criticized James’ investigation, claiming it is a “witch hunt” against him.
“The New York Attorney General literally campaigned to impeach Donald Trump before she even knew anything about me.”Said the former president in May 2020. “She said that if elected she would use her office to investigate ‘all aspects’ of my real estate deals. She vowed ‘she would definitely sue me.’
Prosecutor James’s investigation began in 2019, after the ex-president’s former personal attorney, Michael Cohen, said before Congress – when the intervention of Russia in the elections was being investigated – that in the annual financial reports of the Trump Organization property values were inflated, in order to obtain favorable terms for loans and insurance coverage.