Donald Trump

New York Prosecutors investigating financial dealings of Manhattan properties

The investigation is the latest in Manhattan District Attorney Cyrus Vance’s probe into the Trump organization’s business dealings

.biz
BIZ PRESS GROUP

The Manhattan District Attorney’s Office is investigating financial dealings regarding former President Trump’s Manhattan properties, people familiar with the matter told The Wall Street Journal. The newspaper reported that the Manhattan District Attorney’s Office is probing loans that Trump took out for the buildings that were made by subsidiaries of real-estate investment trust Ladder Capital. Ladder Capital has lent Trump over $280 million for the four buildings since 2012, the newspaper reported, citing property records.

The buildings include Trump’s signature Trump Tower an art deco skyscraper in New York City’s Financial District; Trump International Hotel and Tower, a hotel and condominium building at Columbus Circle; and Trump Plaza.

Lawyers for Trump and the Trump organization declined to comment to the Journal.

The Manhattan D.A.’s office declined to comment.

The Trump organization didn’t immediately return a request for comment.

The investigation is the latest in Manhattan District Attorney Cyrus Vance’s probe into the Trump organization’s business dealings. Reports emerged last month that the probe had expanded to include the former president's Seven Springs estate in Westchester County.

The Journal noted that Vance and Trump are still locked in a legal battle over Trump’s tax returns and other financial information. The Supreme Court ruled in July that Trump had to hand over the tax records, but the former president has since appealed the ruling.

The high court hasn’t said if it will hear the case.

New York Attorney General Letitia James is also conducting a civil-fraud investigation into properties, the newspaper noted.

Trump and the Trump organization have decried the investigations as politically motivated.

Read more

American fascists, extremists, bigots and violent members meet in Florida

The theme of the 2021 Conservative Political Action Conference is “America Uncanceled.” But this week, just days before CPAC was set to kick off in Orlando, Florida, conference organizers announced they’d had to cancel one of their own scheduled speakers. “We have just learned that someone we invited to CPAC has expressed reprehensible views that have no home with our conference or our organization,” CPAC organizers tweeted Monday, referring to right-wing social media figure Young Pharaoh.

Trump Ultra, Trump Lite or Trump Zero

At least eight 2024 hopefuls will speak at CPAC, the conservative movement’s premier conference this weekend in Florida, giving Republicans their clearest look yet at who’s competing in the traditional GOP presidential lanes. But there’s only one lane that really matters: the one currently occupied by former President Donald Trump.

Donald Trump: Republicans say finally goodbye to free speech for good

House conservatives are renewing their calls for Rep. Liz Cheney (R-Wyo.) to step down from her leadership post after she split with House Minority Leader Kevin McCarthy (R-Calif.) over whether former President Trump should speak at the Conservative Political Action Conference (CPAC). House Freedom Caucus members are going after Cheney, chair of the House Republican Conference, following an awkward moment during a press conference Wednesday with the House GOP leader.

Trump's tax returns and related records turned over to Manhattan district attorney

Prosecutors obtained the records on Monday, just hours after the US Supreme Court denied Trump's last-ditch effort to keep the records private, a spokesperson for the district attorney said. The millions of pages of documents, sources say, contain Trump's tax returns spanning from January 2011 to August 2019, as well as financial statements, engagement agreements, documents relating to the preparation and review of tax returns, and work papers and communications related to the tax returns.