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New York probe of Trump Organization now criminal as US lawmakers back study of Capitol riot

CA, 20 May 2021
A New York state civil investigation into former U.S. President Donald Trump's business dealings has expanded to include a criminal investigation, the state's attorney general announced Tuesday, with Letitia James saying they were conducting the probe alongside the Manhattan district attorney Cy Vance.

The inquiry, according to court filings, includes an examination of whether Trump or his businesses lied about the value of assets to gain favourable loan terms and tax benefits. Vance's investigation, in addition to similar allegations as the state's case, also includes a look at hush-money payments paid to women on Trump's behalf and propriety of tax write-offs the Trump Organization claimed on millions of dollars in consulting fees it paid.

The announcement came as U.S. lawmakers backed a study into the Jan. 6 Capitol riot and while top Republican leaders, including Trump, balked at the study with some calling for it to also look into the protests that happened last summer, 35 Republicans split with their party in the House to back the probe. It now heads to the Senate where it would need 10 votes from the GOP to pass, but Democrats have cautioned they would "go it alone" if they need to. Reggie Cecchini reports.

For more info, please go to https://globalnews.ca/news/7874768/new-york-trump-organization-criminal/
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