The New York legal professional common’s workplace stated Tuesday evening that the Trump Group is now being investigated “in a felony capability.”
In a press release emailed to media organizations, Lawyer Common Letitia James’s workplace stated: “Now we have knowledgeable the Trump Group that our investigation into the group is now not purely civil in nature. We at the moment are actively investigating the Trump Group in a felony capability, together with the Manhattan D.A.”
Final August, the state legal professional common’s workplace ramped up an investigation, which began in 2019, into whether or not Donald Trump’s firm illegally inflated the worth of its belongings with a purpose to get loans or tax advantages.
Manhattan District Lawyer Cyrus Vance has additionally been trying Trump and his firm’s funds in a separate investigation. Vance’s workplace obtained Trump’s tax returns in February.
The 2 investigations overlap in some areas, and the 2 workplaces have reportedly been working collectively on some issues.
Trump has beforehand dismissed the investigations as politically motivated. Each James and Vance are Democrats.