Manhattan District Attorney Cyrus Vance, Jr. has convened a special grand jury to consider possible criminal charges against Donald Trump, the Trump Organization and their officers or employees, possibly including Trump family members employed in the former President’s business, and to decide whether or not to charge any charges should be charged or not.
“The move suggests that District Attorney Cyrus R. Vance Jr.’s investigation into the former president and his company has reached an advanced stage after more than two years,” reports the Washington Post, in which Vance’s investigation as ” expansive “.
“It also suggests that Vance believes he has found evidence of a crime – if not from Trump, then from someone who may be close to him or from his company.”
New York attorney general last week Letitia James‘Office announced it would join the Trump family business investigation.
“We are now actively investigating the Trump organization in a criminal capacity with the Manhattan Attorney’s Office,” said Fabien Levy, James’ spokesman, a week ago.
Investigators are examining Trump’s business practices before he became president, including whether the value of certain properties in the Trump Organization’s real estate portfolio was tampered with to defraud banks and insurance companies, and whether tax breaks were illegally obtained through unscrupulous asset valuation. ”
Former Trump attorney Michael Cohen testified before Congress that Trump would add the value of his homes and other assets when applying for a loan and decrease the value when paying taxes.
“In my experience, Mr. Trump has inflated all of his wealth when it was serving his purposes, such as trying to get listed among the richest people on Forbes, and draining his wealth to lower his property taxes,” Cohen said in 2019.
The Post states that this special grand jury is due to meet three days a week for six months.
“While large, longer-length juries, like the one chosen to hear evidence in the District Attorney’s investigation, may hear cases out of order and with varying degrees of completion, it is likely that Trump-related testimony in secret has already begun said one of the people familiar with the matter. “
This is breaking news and a developing story. Details can change.
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