Deutsche Bank Hands Over Trump’s Financial Records To Manhattan DA Complying With Subpoena
The subpoena was sent last year and the financial records requested included statements Trump provided when he took out loans.
The report comes amid an ongoing legal battle to subpoena eight years of personal and corporate tax records. The Supreme Court recently rejected Trump’s attorneys’ argument that a sitting president is immune from criminal investigations, paving the way for Vance’s team to secure Trump’s taxes – even if they are successful, however, the records will likely not be made public until after the election.
Vance has not released full details of his investigation, instead calling it a “complex financial investigation” following public reports of “extensive and protracted criminal conduct at the Trump Organization.”
A court filing indicated that Vance may be looking into potential charges of fraud, likely based on public reports the Trump Organization would inflate property values.
“These reports describe transactions involving individual and corporate actors based in New York County, but whose conduct at times extended beyond New York’s borders,” Vance’s team said. “This possible criminal activity occurred within the applicable statutes of limitations, particularly if the transactions involved a continuing pattern of conduct.”