Based on a filing in a New York federal court on Monday, Manhattan District Attorney Cyrus Vance Jr. is working to indict Donald Trump and the Trump Organization on charges of bank and insurance fraud, the New York Times reports:
“The Manhattan district attorney’s office suggested on Monday that it has been investigating President Trump and his company for possible bank and insurance fraud, a significantly broader inquiry than the prosecutors have acknowledged in the past.
“The office of the district attorney, Cyrus R. Vance Jr., made the disclosure in a new federal court filing arguing Mr. Trump’s accountants should have to comply with its subpoena seeking eight years of his personal and corporate tax returns. Mr. Trump has asked a judge to declare the subpoena invalid.”
The Hill notes that prosecutors also suspect the Trump Organization has been involved in criminal conduct for some time now:
“‘In light of these public reports of possibly extensive and protracted criminal conduct at the Trump Organization, there was nothing facially improper (or even particularly unusual) about the Mazars Subpoena, which issued in connection with a complex financial investigation, requesting eight years of records from an accounting firm,’ prosecutors wrote in a court filing submitted Monday.”