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WP: NY AG sues Trump family over “persistent illegal conduct” at Trump Foundation


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It’s not political Donald.... Democrats and Republicans both go to jail.

 

It’s personal. It’s not just Democrats that loathe you, it’s also Republicans, men and women, old and young, from every race and socio-economic class.

 

You’re just too feeble minded to see beyond a political lens of blue and red.... because that’s what keeps it simple enough for you to process.

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1 hour ago, Die Hard said:

It’s not political Donald.... Democrats and Republicans both go to jail.

 

It’s personal. It’s not just Democrats that loathe you, it’s also Republicans, men and women, old and young, from every race and socio-economic class.

 

You’re just too feeble minded to see beyond a political lens of blue and red.... because that’s what keeps it simple enough for you to process.

 

Absolutely wrong.  Donald cares absolutely nothing about Blue and Red.  

 

He cares about Donald.  How dare these things happen to him?  

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2 hours ago, China said:

Ex-President Donald Trump on Tuesday night ranted about Manhattan District Attorney Cyrus Vance reportedly convening a special grand jury to consider potential criminal charges in his investigation into the Trump Organization.

 

The whole point of a grand jury to to prevent unfounded and oppressive prosecutions by overzealous or partisan prosecutors.  Of course Trump does not understand any of this. 

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1 hour ago, Larry said:

 

Absolutely wrong.  Donald cares absolutely nothing about Blue and Red.  

 

He cares about Donald.  How dare these things happen to him?  


You can’t garner support/sympathy (connection) from anyone unless they identify with you. 
 

Most people can’t identify with Donald at any level, except by grieving Democrats, he appeals to anyone else who shares that grievance.

 

If it was just about Donald, he’d just talk about how his taxes are perfect. 

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Emails Tie Top Trump Exec Allen Weisselberg to Yet Another Trump Financial Scandal

 

Allen Weisselberg is in the hot seat—and that’s bad news for Donald Trump and his family. Assorted news reports have identified Weisselberg, the chief financial officer of the Trump Organization, as a key figure in the criminal and civil investigations of the Trump business being conducted by the New York attorney general and the Manhattan district attorney, who recently empaneled a grand jury to review evidence against the Trump company, its executives, and possibly Trump. Moreover, the New York Times recently reported that Weisselberg himself is being criminally investigated for possible tax fraud, raising the prospect that investigators are looking to flip the longtime Trump executive into a cooperating witness. Now there’s more trouble for Weisselberg and Trump World. Previously unreported emails attached to a little-noticed court document filed earlier this month show that Weisselberg is tied to another Trump financial scandal: the Trump inauguration case, which is currently being investigated by the attorney general of Washington, DC. 

 

In 2020,  Karl Racine, the AG in the nation’s capital, filed a lawsuit  against Trump’s inauguration committee and the Trump Organization, asserting that the inauguration committee, a nonprofit corporation, misused charitable funds to enrich the Trump family. The complaint, as the attorney general put it in a statement, accuses the Presidential Inauguration Committee (known as the PIC) of coordinating “with the Trump family to grossly overpay for event space in the Trump International Hotel.” The lawsuit notes that the PIC struck a contract with the Trump Hotel for $1.03 million, an amount that was allegedly far above the hotel’s own pricing guidelines. (At the time, Stephanie Winston Wolkoff, a top producer for the PIC, raised concerns with the president-elect, Ivanka Trump, and others about the prices the Trump Hotel was charging the inauguration committee for events to be held there. But according to Racine, the PIC still paid the Trump Hotel inflated fees.)

 

Racine also alleges that the PIC improperly used nonprofit funds to host a private party at the Trump Hotel for the Trump family that cost several hundred thousand dollars. The attorney general has essentially maintained that the Trump crew and its company exploited the 2017 presidential inauguration to engage in significant grifting. and he is looking to recoup the money the PIC paid to the Trump Hotel so these funds can be directed to real charitable purposes. 

 

In April 2017—three months after Trump’s inauguration—the PIC was trying to sort out its financial reports, and though the Trump Organization was not officially involved in its operation except as a payment recipient, Weisselberg was brought into the effort.

 

A legal filing submitted by Racine in mid-May in his case against the Trump Organization and the PIC included emails that show how the PIC reached out to Weisselberg on the afternoon of April 19, as news reports about the PIC’s finances were exploding.

 

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New York prosecutors are treating the Trump Organization like it's the mob

 

When Donald Trump built Trump Tower in New York, he made an unusual decision.

 

He wanted to build with concrete, when in the 1970s and 1980s large steel beams built the skeletons of most skyscrapers. To supply the massive amount of concrete needed, he paid inflated prices to a company run by Anthony "Fat Tony" Salerno and Paul Castellano, the respective heads of the Genovese and Gambino crime families. Trump and Salerno shared a personal lawyer, Roy Cohn, at the time.

 

Salerno and Castellano were later put behind bars for racketeering. Now Trump is locked in prosecutors' sights, and the criminal investigations into his and the Trump Organization's finances sure look a lot like mob investigations.

 

Manhattan District Attorney Cyrus Vance Jr. and New York Attorney General Letitia James recently announced they'd joined forces in their criminal investigations. Both offices appear to be looking at whether the Trump Organization kept two sets of books - one to receive favorable loan and insurance rates and another to pay as little in taxes as possible.

 

Vance's office has made the most public progress, securing a Supreme Court victory to subpoena the Trump Organization's tax documents and pushing hard to flip Allen Weisselberg, the Trump Organization's chief financial officer and the Trump family's bookkeeper.

 

Vance also hired a widely respected attorney who specializes in white-collar and organized crime to join his team earlier this year. Legal experts expect his investigators are looking into whether the Trump Organization has run afoul of Racketeer-Influenced and Corrupt Organization, or RICO, laws, statutes that prosecutors have used against both mob organizations and businesses with a pattern of criminal behavior.

 

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Senior Trump Organization Official Testifies Before Grand Jury

 

A senior finance executive at Donald J. Trump’s family business has testified before a state grand jury in Manhattan as prosecutors ramp up their investigation of Mr. Trump and his company, according to people with knowledge of the matter.

 

The executive, Jeffrey McConney, has long served as the Trump Organization’s controller, making him one of a handful of high-ranking executives to oversee the company’s finances.

The testimony comes as the prosecutors have trained their focus on one of Mr. McConney’s colleagues, Allen H. Weisselberg, the Trump Organization’s long-serving chief financial officer. The prosecutors, who are working for the Manhattan district attorney, Cyrus R. Vance Jr., have examined the extent to which Mr. Trump handed out valuable benefits to Mr. Weisselberg’s family and whether taxes were paid on those perks, The New York Times has reported.

 

Mr. Vance’s office has mounted an aggressive effort to gain Mr. Weisselberg’s cooperation against Mr. Trump and the Trump Organization, people with knowledge of that effort have said. When seeking to turn an insider into a cooperating witness, prosecutors often seek leverage over the person, including any evidence of past wrongdoing, and then typically offer leniency in exchange for testimony or assistance.

 

The decision to subpoena Mr. McConney, who has worked at the company for nearly 35 years, suggests that the examination of Mr. Weisselberg’s conduct has reached a new phase, with the grand jury hearing evidence about him.

 

Under state law, witnesses such as Mr. McConney who appear before the grand jury are granted immunity on the subject of their testimony. They cannot exercise their Fifth Amendment right to refuse to answer questions on the grounds that they might incriminate themselves. (If they lie, they still can be prosecuted for perjury.)

 

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Apparently Trump's properties aren't doing so well right now:

 

Bargain hunters pounce as Trump condo prices hit decade lows

 

The building has stunning Manhattan skyline views, its spa offers deep-tissue massages, and the fancy restaurant off the lobby serves up prime steaks. Best of all, many apartments at the Trump World Tower are selling at a deep discount — assuming the buyer doesn’t mind the name over the door.

 

“Fifty percent of the people wouldn’t want to live in a Trump building for any reason ... but then there are guys like me,” says Lou Sollecito, a car dealer who recently bought a two-bedroom unit with views of the Empire State Building. “It’s a super buy.”

 

The purchase price was $3 million, nearly a million less than the seller paid in 2008.

 

Bargain hunters are swooping in to take advantage of prices in Trump buildings that have dropped to levels not seen in over a decade, a crash brokers attribute to a combination of the former president’s polarizing image and the coronavirus pandemic. It’s a stunning reversal for a brand that once lured the rich and famous willing to pay a premium to live in a building with Trump’s gilded name on it.

 

An Associated Press review of more than 4,000 transactions over the past 15 years in 11 Trump-branded buildings in Chicago, Honolulu, Las Vegas and New York found prices for some condos and hotel rooms available for purchase have dropped by one-third or more.

 

That’s a plunge that outpaces drops in many similar buildings, leaving units for sale in Trump buildings to be had for hundreds of thousands to up to a million dollars less than they would have gone for years ago.

 

“They’re giving them away,” says Lane Blue who paid $160,500 in March for a studio in Trump’s Las Vegas tower, $350,000 less than the seller paid in 2008. It was his second purchase in the building this year and may not be his last.

 

Just how much the Trump name is to blame is impossible to say. Many units for sale are in cities that were hit hard by the pandemic or in hotels that had to shut down or in condo buildings much older than their competitors, making comparisons difficult.

 

Still, Trump’s red-meat rhetoric and policies haven’t helped. Within a year into his presidency, hotels and condo buildings in Panama, Toronto and Manhattan that paid millions to use his name started stripping it off their facades.

 

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10 hours ago, China said:

Apparently Trump's properties aren't doing so well right now:

 

1)  Well, they weren't before, either

 

2)  And the big pity is, I assume that Trump isn't getting hurt by the drop.  Trump isn't selling those units at a loss.  Some schmuck is.  

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Trump Organization attorneys given Monday deadline to persuade prosecutors not to file charges against it

 

Prosecutors in New York have given former president Donald Trump’s attorneys a deadline of Monday afternoon to make any final arguments as to why the Trump Organization should not face criminal charges over its financial dealings, according to two people familiar with the matter.

That deadline is a strong signal that Manhattan District Attorney Cyrus R. Vance Jr. (D) and New York Attorney General Letitia James (D) — now working together, after each has spent more than two years investigating Trump’s business — are considering criminal charges against the company as an entity.

 

https://www.washingtonpost.com/politics/trump-organization-charges-deadline/2021/06/27/d944a822-d5e0-11eb-9f29-e9e6c9e843c6_story.html

 

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