In a new court filing, the Manhattan District Attorney’s Office has insinuated that it is investigating Donald Trump and his company for bank and insurance fraud, The New York Times reports.
Court papers filed by the office of Cyrus Vance, Jr. stated that Trump should hand over his tax returns to comply with a subpoena, as demanded by a Supreme Court ruling last month. While the documents did not declare what specific issues were being investigated, the filing referenced an “undisputed” news report last year. The New York Times won a Pulitzer Prize for a blockbuster story detailing money laundering by Trump entities to avoid taxes. Also, Michael Cohen pleaded guilty to various money laundering charges related to Trump’s payoff of a mistress that was run through the Trump Organization and other shell companies.
This is a breaking story and will be updated as information is released.