A New York Supreme Court judge ordered Donald Trump’s family and businesses to hand over new documents in civil proceedings for possible concealment of asset values to obtain loans and tax breaks, The New York Times reported.
This Friday, Judge Arthur Engoron, in Manhattan, ordered the Trump Organization to deliver new documents, including communications with legal teams, to the New York Prosecutor’s Office and again rejected the conglomerate’s attempts to protect the confidentiality of certain papers.
The judge found that the Trump conglomerate tried to argue client-lawyer privilege in documents that did not enter such exchanges and gave until February 4 to deliver new information to investigators.
This is the second time that this judge agrees with the attorney general of New York, Letitia James, who is investigating whether Trump inflated the value of some properties in the state to obtain loans and at the same time devalued them to claim tax exemptions.
The investigation began in 2019 after revelations by former Donald Trump attorney Michael Cohen and is accompanied by a criminal proceeding led by Manhattan District Attorney Cyrus Vance, under summary secrecy.
Both processes could complicate Trump’s legal troubles after leaving the Presidency on January 20.
James investigates episodes of Trump and his family’s business through the Trump Organization, such as the financial restructuring of a real estate and hotel project in Chicago for which Fortress Credit Corporation forgave a debt of more than 100 million dollars and that should have been accounted for as income on tax returns.
He is also investigating a gigantic mansion owned by the Trump family in upstate New York, in Westchester County, for which they received generous tax breaks by arguing that the land was dedicated to natural conservation, something that could have been emulated in other projects. failed development.
The investigation focuses on determining whether with the resource of natural conservation the Trump Organization claimed 21 million dollars in exemptions that did not correspond to it.