Prosecutor obtains Trump tax records after long court battle

Prosecutor obtains Trump tax records after long court battle

Kelly Loeffler and David Perdue.

The Manhattan district attorney's office has obtained former President Donald Trump's closely held tax returns after a long court fight.

The Manhattan district attorney's office has obtained Trump's tax returns.

Danny Frost, Senior Advisor and Director of Communications for Manhattan District Attorney Cy Vance, confirmed to Law&Crime that the DA's office obtained the records on Monday. Supreme Court ruling, he will soon have them.

Mazars, the former president's accounting firm, told ABC News in a statement, "As we have maintained throughout this process, Mazars will comply with all of its legal and professional obligations".

This advertisement has not loaded yet, but your article continues below. "And if there are email and notes and other records of communication about what they meant to do when they inflated the value of buildings so they could get loans against them and then turned around and deflated the value of the buildings so they could pay lower taxes on them, and there's a communication around that that predates any of these tax entries, that is gold for a prosecutor".

Vance, a Democrat, is conducting a wide-ranging investigation that includes an examination of whether Trump or his businesses lied about the value of assets to gain favourable loan terms and tax benefits.

The records are voluminous, dating back eight years.

Trump has called Vance's investigation "a fishing expedition" and "a continuation of the witch hunt - the greatest witch hunt in history".

Trump's lawyers immediately went to court to block its enforcement, first arguing that he was immune from being investigated while president. The appeal has not been filed. Trump's lawyers then told lower courts the subpoena was overly broad and amounted to political harassment but the lower courts rejected those claims past year.

Trump faces unprecedented legal jeopardy for a former president.

A lower court had ruled that the records were pertinent to a criminal investigation, meaning they could not be released.

Trump is also under a criminal investigation in Georgia, where a prosecutor in Atlanta is probing his efforts in December to get state election officials to "find" him enough votes to upend Democrat Joe Biden's November election victory in the state.

Trump added that it is "something which has never happened to a President before, it is all Democrat-inspired in a totally Democrat location, New York City and State, completely controlled and dominated by a heavily reported enemy of mine, Governor Andrew Cuomo". The two women said they had sexual encounters with Trump, which he denied. His niece, Mary L. Trump, is suing him and his siblings over an inheritance dispute.

Vance, other prosecutors, and investigators are now poring over the documents to determine whether Trump, the Trump Organization, the real estate company's longtime chief financial officer Allen Weisselberg, or any of Trump's three adult children - Ivanka Trump, Donald Trump Jr. and Eric Trump - engaged in financial fraud.

The next issue of Posted Newsletter will soon be in your inbox.

Related Articles