Manhattan DA issued subpoenas demanding eight years of Trump’s personal and corporate tax returns due to “undisputed” reports about the president’s business practices
New court filings in New York appear to indicate that President Donald Trump may be under investigation for fraud, according to a New York Times article, the documents sought by Manhattan District Attorney Cyrus Vance indicate a “significantly broader inquiry than the prosecutors have acknowledged in the past.”
The filings argue that the president, facing increasing criticism over his mismanaged pandemic response, should be forced to comply with subpoenas demanding eight years of his personal as well as corporate tax returns due to “undisputed” reports about the president’s business practices.
“The reports, including investigations into the president’s wealth and an article on the congressional testimony of his former lawyer and fixer, Michael D. Cohen, said that the president may have illegally inflated his net worth and the value of his properties to lenders and insurer,” said the Times. Lawyers for Mr. Trump have said he did nothing wrong.”
It was only a week ago that the Supreme Court announced that Vance could subpoena the president and that the president must comply with those subpoenas as he isn’t exempt from criminal prosecution despite being president.
Among other things, Vance has been looking into whether the hush-money payments to former Trump lovers were illegal.
Unfortunately – even if Vance is successful in acquiring the subpoenaed documents – they’ll be covered under grand jury rules for secrecy and will not be available to the public until well after the approaching November election.