Former president Donald Trump and the Trump Organization have been under investigation by Manhattan prosecutors looking into whether the Trump Organization misled lenders and insurance companies about the value of properties and paid appropriate taxes.
Signaling the Manhattan District Attorney’s office — led by Cyrus Vance — is close to ending their probe and could be ready to present charges, a grand jury has convened to decide whether or not to indict the former president.
The panel could also decide to indict executives at the organization or the business itself if criminal charges are presented, The Washington Post reported. The grand jury is reportedly set to meet three days a week for six months to discuss possible indictments.
Prosecutors are tasked with rifling through millions of pages of documents, including the 45th president’s tax returns — obtained in February after the Supreme Court blocked Trump’s attempt to hide them.
The investigation entails Trump Tower — a 58-story skyscraper on Fifth Avenue — the family estate known as Seven Springs in upstate New York, Trump’s Chicago hotel and condo tower, as well as any money paid to silence porn star Stormy Daniels after she came forward claiming to have had an affair with Trump. (Trump has continuously denied the allegations.)
The attorney general office’s investigation into the Trump Organization has been underway since 2019, and the office recently informed the organization officials of looming charges.
“We have informed the Trump Organization that our investigation into the organization is no longer purely civil in nature. We are now actively investigating the Trump Organization in a criminal capacity, along with the Manhattan DA,” NY Attorney General Letitia James’ spokesman Fabien Levy told CNN.
Trump, never one to shy away from speaking his mind, released a statement on Tuesday, May 25, claiming the investigation is “purely political” and proof “our country is broken,” adding: “This is the continuation of the greatest witch hunt in American history.”
The statement continued: “No other President in history has had to put up with what I have had to, and on top of all that, I have done a great job for our Country, whether it’s taxes, regulations, our Military, Veterans, Space Force, our Borders, speedy creation of a great vaccine (said to be a miracle!), and protecting the Second Amendment.”
Trump’s advisers are reportedly feeling the pressure after the grand jury announcement. “There’s definitely a cloud of nerves in the air,” an insider dished to Politico, adding that this “feels different than the typical barrage of legal issues surrounding Trump.”