New York attorney general is investigating Trump projects

New York attorney general is investigating Trump projects

New York attorney general is investigating Trump projects

Previously, a different NY state agency, which regulates insurance companies, launched an inquiry into Cohen's allegations that Mr Trump also misled insurance companies about his financial worth.

This appears to be a reference to the recent news that the NY attorney general's office has issued subpoenas to two banks regarding multiple projects pursued by the Trump Organization.

The person wasn't authorized to discuss the matter publicly and spoke on condition of anonymity.

But the reason for the new subpoenas, the Times noted, was Michael Cohen's recent testimony before Congress. Trump also made attempts to raise portraits of his worth in order to obtain a loan in an attempt to purchase the Buffalo Bills, Cohen explained. Her office is also overseeing a lawsuit against a Trump charitable foundation.


In this January 11, 2017, photo, President-elect Donald Trump, center, stands next to Allen Weisselberg, second from left, Donald Trump Jr., right and Ivanka Trump, left, at a news conference in the lobby of Trump Tower in NY. "The Witch Hunt continues!" the president tweeted. The office wasn't immediately available for comment after normal business hours. Messages left with New Jersey-based Investors Bank and the Trump Organization were not immediately returned.

The request to Deutsche Bank sought loan applications, mortgages, lines of credit and other financing transactions in connection with the Trump International Hotel in Washington, the Trump National Doral outside Miami, and the Trump International Hotel and Tower in Chicago, the New York Times reported the person as saying. California Rep. Maxine Waters, a Democrat and head of the House Financial Services Committee, said last week that the bank is cooperating.

The New York attorney general's office has opened an investigation related to the financing of Trump Organization projects by Deutsche Bank, whose wealth management unit allegedly extended credit to Trump even after its investment bank stopped doing business with the organization, according to news reports. Trump's company borrowed billions of dollars from the German bank over the years.

President Donald Trump has tweeted an apparent response to a NY investigation into his business empire, saying the state and Gov. Andrew Cuomo are now "proud members of the group of PRESIDENTIAL HARASSERS".

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