Legal troubles are mounting and about to get worse for former President Donald Trump after the Manhattan District Attorney’s office subpoenaed a New York City property tax agency as part of its criminal investigation into the Trump organization.
According to a new report published by Reuters, “the Manhattan District Attorney’s Office has subpoenaed a New York City property tax agency as part of a criminal investigation into Donald Trump’s company, the agency confirmed on Friday, suggesting prosecutors are examining the former president’s efforts to reduce his commercial real-estate taxes for possible evidence of fraud.”
“The subpoena is the latest indication that Manhattan District Attorney Cy Vance Jr. is looking at the values Trump assigned to several commercial properties in tax filings and loan documents,” Reuters reported. “Along with information already subpoenaed from creditors, the tax agency documents would help investigators determine whether Trump’s business inflated the value of his properties to secure favorable terms on loans while deflating those values to lower tax bills for those same properties.”
Trump, who is also facing an investigation from New York Attorney General Letitia James, could face criminal charges from Fulton County District Attorney Fani Willis in Georgia over his attempt to steal the state’s presidential election.
Read the full report on Reuters.