Manhattan District Attorney Cyrus Vance Jr. is clearly taking his investigation of Donald Trump to the next level and is setting up a special task force to take a long look at the president’s taxes and business dealings, according to Charles Gasparino of Fox Business.
Mediaite reports that Gasparino told Neil Cavuto Vance’s office has already conducted interviews with banking officials, including German financial giant Deutsche Bank, which has loaned Trump hundreds of millions of dollars over the years despite him being a poor credit risk:
“I think there is an insurance company involved, Aon,” Gasparino continued. “So this thing is heating up. I can’t tell you if they have good evidence, I can’t tell you if they have bad evidence. I can tell you that they’re clearly turning the levers now. This is rubber meets the road time on this.”
Such an investigation would seem to confirm remarks made by Trump’s former attorney, Michael Cohen, who told CNN in September that the president often inflated his assets for the purposes of insurance and then fail to pay the required taxes on them:
“The fact that he doesn’t report the income that he claims, his wealth is not as significant, and I believe that they were probably very lenient in how they took deductions. His biggest fear is if that tax return was released, there’s a whole slew of organizations, of accountants and forensic accountants that will rip through it and he will end up with a massive tax bill, fraud penalties, fines, and possibly even tax fraud.”
If you want to know why Donald Trump is so terrified of no longer being president, you don’t have to look any further than his taxes. That’s where the crimes are and those the documents that will wind up sending him to prison.