Despite the most rabid Trump supporters praying that someone like Hillary Clinton or Hunter Biden would be exposed for crimes, it is Donald Trump himself who faces numerous investigations for fraud, attempts to influence Georgia public officials to overturn an election, and inciting a riot.
The civil investigation conducted by New York Attorney General Letitia James has shown that Trump’s financial statements had a number of conflicts, underestimating the value of his assets for tax purposes and inflating them for loan application, which potentially may reach the level of tax and bank fraud. Trump’s longtime accounting firm, Mazars, announced on Monday that Trump’s statements for the past several years are now too unreliable to be trusted and has cut ties with Trump and the Trump Organization.
According to The New York Times:
‘The statements, which Mr. Trump used to secure loans, are at the center of the two law enforcement investigations into the former president and his company. The Manhattan district attorney’s office and the office of the New York attorney general, Letitia James, have been investigating whether Mr. Trump used the statements to defraud his lenders into providing him the best possible loan terms.’
— chris smith (@chrissmithnymag) February 14, 2022
The exposure of Trump and his company’s alleged crimes came from the civil investigation, but a criminal investigation into the twice-impeached ex-president who lost the popular vote twice is also underway. James, for her part, has subpoenaed Trump’s children, Ivanka and Eric, prompting Trump to release a panicked statement. The judge in the case doesn’t seem fazed by Trump’s public statements.
‘Mr. Trump’s lawyers had asked a judge to prohibit the questioning, and in response, Ms. James’s office argued in court papers last month that the company had engaged in “fraudulent or misleading” practices.’
🚨 BREAKING: #Mazars USA said it came to that conclusion amid @NewYorkStateAG allegation that #Trump was misleading about the value of his properties. The bombshell move was revealed in court filings in New York on Monday. What do you think? 🤔 pic.twitter.com/meFDY46LaJ
— WallStreetPro (@wallstreetpro) February 14, 2022
Mazars says that their company has not found any information as of yet that constitutes a conflict, but told other companies to no longer trust Trump’s financial statements as being sound and fully truthful. How their actions will affect the investigation is still under question.
‘It is unclear whether Mazars’ break with the Trumps will have any bearing on the district attorney’s criminal investigation into Mr. Trump. The firm has been cooperating with that investigation, and Mr. Trump’s main accountant at Mazars has already testified before a grand jury hearing evidence about Mr. Trump.’
In a statement released by James’ campaign Sunday, Mayor Eric Adams attested that she “has the courage and experience to stand up to anyone who breaks the law and harms vulnerable people, no matter how powerful they may be” https://t.co/KBEXAYhw0C
— The Daily Beast (@thedailybeast) February 13, 2022