New York, United States.
A judge of the Supreme Court of New York ordered Donald Trump’s family and businesses to hand over new documents within civil suit for possible disguise of asset value to obtain loans and tax exemptions, the paper reported The New York Times.
This Friday the juez Arthur Engoron, in Manhattan, ordered the Trump organization to deliver new documents, including communications with legal teams, to the U.S. law firm NY and again rejected the conglomerate’s attempts to protect the confidentiality of certain papers.
The judge found that the Trump conglomerate was trying to challenge client-attorney privilege in documents that did not participate in such exchanges and gave until February 4 to provide new information to investigators.
Also read: Biden guarantees a coronavirus vaccine for undocumented migrants in the US
This is the second time that this magistrate has agreed with the Attorney General of NY, Letitia James, examining you Trump he increased the value of some properties in the state to obtain loans and at the same time devalued them to claim tax breaks.
The investigation began in 2019 after revelations by Donald Trump’s former attorney Michael Cohen and involves criminal proceedings led by Manhattan District Attorney, Cyrus Vance, under secrecy.
Both trials could complicate Trump’s legal troubles after leaving the presidency on Jan. 20.
James is researching episodes of the Trump and his family through the Trump Organizationsuch as the financial restructuring of a Chicago real estate and hotel project for which Fortress Credit Corporation forgave more than $ 100 million in debt and should have been recorded as income on tax returns.
He is also investigating a gigantic mansion owned by the familia Trump North of NY, in Westchester County, for which they received generous tax breaks arguing that the land was devoted to conservation, something they could have emulated in other failed development projects.
The research focuses on determining whether the natural resource contains the Trump Organization he claimed $ 21 million in exemptions that he didn’t owe.