Trump Organisation now under criminal investigation in New York
- New York prosecutors advance their probe into former president Donald Trump’s business dealings
- Manhattan DA’s office said it has been investigating ‘possibly extensive and protracted criminal conduct’
The New York attorney general’s office said on Tuesday it has now opened a criminal investigation into former president Donald Trump’s company, increasing the legal risk for Trump and his family.
Attorney General Letitia James has been investigating whether the Trump Organisation falsely reported property values to secure loans and obtain economic and tax benefits.
The latest announcement marked another escalation of the legal jeopardy Trump faces four months after leaving office, taking to three the number of known criminal investigations of the former Republican president.
“We have informed the Trump Organisation that our investigation into the organisation is no longer purely civil in nature,” Fabien Levy, a spokesman for the attorney general’s office, said in a statement.
“We are now actively investigating the Trump Organisation in a criminal capacity, along with the Manhattan DA,” he said.