Trump’s family business faces new criminal investigation

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The last time we checked in on Donald trumpof the legal situation of the former President of the United States, the former President of the United States was facing numerous trials – of which two judges had ordered his impeachment under oath – and was the subject of three different criminal investigations in course in Georgia, CC, and New-York. As this recording took place less than a week ago, one would have assumed that nothing had changed over the next six days, or if it did, that it was a incremental move on one of the cases we were already aware of and not, like an entirely new criminal investigation. But, surprise! It turns out that when you are one of the most corrupt people to walk the face of the Earth, new criminal probes appear regularly.

The New York Times reports that the Trump Organization, already indicted by the Manhattan prosecutor’s office Cyrus Vance Jr., now faces a separate criminal investigation by the Westchester County District Attorney’s Office, New York, which subpoenaed the files of the Trump National Golf Club located there and the City of Ossining, which sets the property taxes for the course. While the full scope of the investigation is unclear at this time, the Time reports that it appears that the district attorney Mimi rocah Partly focuses on whether Trump’s family business misled local authorities about the property’s value for the express purpose of lowering his tax bill.

Speak Time:

The value of the property determines how much tax the club must pay to local authorities: the higher the value, the larger the tax bill. But after Ossining City assesses the value, the club can challenge the assessment – and they did. Every year since 2015, the Trump club has appealed its tax bill to court, sparking an uproar in the Ossining region, where hundreds of protesters marched in 2017, chanting “Pay your share.”

Seeking to reduce the tax bill – sometimes as much as 90% – the club argued that the property was worth much less than what Ossining officials had determined, a strategy common to many country clubs, not just Mr. Trump. In one year, the Trump Club valued the property at around $ 1.4 million, while the city valued it at around $ 15 million. Prosecutors for Ms Rocah could compare the figures the club submitted to Ossining with other claims by Mr Trump about the property’s value. For example, he said in federal disclosure forms when he was president that the club was worth over $ 50 million.

Rocah did not charge anyone in the company with any wrongdoing, according to the Time, and in a statement, the Trump Organization insisted that any suggestion that it acted inappropriately was “completely false and incredibly irresponsible.”

Of course, for those of you who stay at home, the idea that a business run by Donald Trump would claim the value of a property was less than a tenth of what local officials said it was actually worth. should be… no surprise. In February 2019, Trump’s former lawyer Michael cohen Recount Congress that in his experience Trump “inflated his total assets when it served his purposes, like trying to be among the richest people in the country.” Forbes, and deflated its assets to reduce its property taxes. In July, the Manhattan DA indicted the Trump Organization and its longtime CFO, Allen Weisselberg, with numerous crimes, including multiple counts of tax evasion and falsification of records, alleging that the company failed to pay taxes on employee benefits like apartments, cars and school fees. private schools. (Wesselberg and the Trump Organization have pleaded not guilty.) Meanwhile, the New York attorney general Letitia james would investigate Seven Springs, a Trump-owned property located in Westchester County, and whether the company “gave an accurate appraisal of the property when it was used as the basis for approximately $ 21.1 million of tax deductions for donating easement conservation for the 2015 tax year.

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