Flash News: Hong Kong Protesters Form Human Chains at Airport     - | -     Sen. Cotton Admits He Suggested Buying Greenland to Trump     - | -     White House Considers Exploring Links Between Mental Health and Violent Behavior     - | -     President of Brazil Believes Amazon Fires Were Staged to Make Him Look Bad     - | -     Inslee Second Democrat to Drop Out of 2020 Race in One Week     - | -     At Least 8 Prison Officials Knew Epstein Shouldn't Be Left Alone Before His Suicide     - | -     Harvard Law Professor Says Trump Wants to 'Reverse Outcome of Civil War'     - | -     Denmark Is Further Upset by Trump's Canceled Visit and Referring to Prime Minster's Comment as 'Nasty'     - | -     This Is What GOP Feared. Now that Trump Has Governed with Executive Orders, Dems Plan to Do Same      - | -     Man Throwing 'Incendiary Devices' at ICE Detention Center Is Killed in Attack      - | -     Mueller Hearing Pushed Back a Week to Allow More Time for Him to Answer Questions      - | -     Trump Tells 4 Congresswomen of Color to 'Go Back' to 'Crime-Infested' Countries They Came From      - | -     GOP Congressman Invokes 'The Deep State'

Local News

NY Attorney General Launches Probe of Trump Org Projects and Attempt to Buy Buffalo Bills

viewsViews 673

NY Attorney General Launches Probe of Trump Org Projects and Attempt to Buy Buffalo Bills

2019-03-12 15:09:561 Oct 2018 01:53 AM EST

By Laura Tucker, Staff writer; Image: Letitia James (Image source: Screenshot)


The testimony of Michael Cohen from a few weeks back opened a lot of possible inquiries into Donald Trump, his administration, his campaign, his family, and his businesses. House Oversight Chairman Elijah Cummings is looking to speak with insiders who know how the president handled his financial matters, especially with regard to repaying his former attorney for the Stormy Daniels hush-money payments. The House Intelligence Committee has been spurred into action as well. 

These investigations even reach outside of Congress. New York Attorney General Letitia James is launching an investigation into four Trump Organization projects, as well as the president's failed attempt to buy the Buffalo Bills football team in 2014, according to a person who was briefed on the subpoenas sent by James's office.


Not that James's move is all that surprising, as the newly-elected attorney general campaigned on these promises, and after she won the election, she promised to investigate Trump and his clan using "every area of the law." 

Now that she's the first African-American woman to be elected to statewide office, the first woman to be elected attorney general in the state of New York, and the first African-American to serve as attorney general, she has a few things to prove.


She said before officially taking office that "the president of the United States has to worry about three things: Mueller, Cohen, and Tish James." 

She planned to investigate Trump's real estate holdings as well as government subsidies and also wanted to pursue charges for anyone Trump pardons who committed their crimes in New York, but a bill needs to be passed in order for her to pursue the latter.


James' first investigation into Trump was kicked off when Cohen, Trump's former personal attorney, testified before the House Oversight Committee a few weeks back, according to the source. He'd testified that his former client had inflated his assets in financial statements and provided copies of the statements he claims were submitted to Deutsche Bank. 

It should be noted, however, that James' probe is civil; it is not a criminal investigation. New York state law gives James' office the authority to investigate fraud and allows her to fine business, and even sometimes dissolve them, if they have been found to break the law repeatedly.


According to the source, the Deutsche Bank subpoena is seeking loan applications, mortgages, lines of credit, and other financial transactions that are connected to the Trump International Hotel in Washington, the Trump National Doral outside of Miami, and the Trump International Hotel and Tower in Chicago. 

Also being sought are records connected to Trump's unsuccessful attempt to by the Buffalo Bills football team. He gave Deutsche Bank personal financial statements in 2014 before a planned bid, according to The New York Times. However, the team was eventually sold to another bidder for $1.4 billion.


A United States-based unit of Deutsche Bank that serves extremely wealthy individuals lent Trump more than $100 million in 2012 to pay for the Doral golf resort and $170 million in 2015 to turn Washington's Old Post Office Building into a luxury hotel. 

The New Jersey-based Investors Bank was issued a subpoena as well for records from when they backed Manhattan's Trump Park Avenue project.


James is not the first New York attorney general to pursue Trump.  Former Attorney General Eric Schneiderman went after both the Trump Foundation and Trump University before he resigned because of sexual allegations against him. Trump referred to him as "Sleazebag AG Eric Schneiderman" and "Shady Eric." The president similarly went after Schneiderman's temporary replacement, Barbara Underwood.  

He's referred to James as another attorney general who "openly campaigned on a GET TRUMP agenda." He tweeted that he would never be treated fairly by the New York attorney generals and called it a "total double standard of 'justice.' "

Post Your Comment

Recently Posted Comments

Most Recent News

Stocks Plummet After Trump Vows Retaliation: China's Latest Tariffs

23 August, 2019

Stocks spiraled downward on Friday after President Trump tweeted the US would retaliate against China's latest round tariffs. Markets began the day lower after China announced it planned to impose......More

NHC Says 40% Chance Of Cyclone Off Florida Keys

23 August, 2019

A low-pressure system near the Florida Keys has a 40% chance of developing into a tropical cyclone over the next 48 hours. The area located just east of the upper Florida Keys is producing a large......More

Billionaire David Koch Has Died At 79

23 August, 2019

Billionaire industrialist David Koch, a major backer of conservative causes and political candidates, has died. Koch was a driving force behind the conglomerate "Koch Industries " and was one of the world’s......More