► What did the Supreme Court decide?
For several years, Donald Trump’s lawyers have been fighting to protect the secrecy surrounding their client’s tax and financial situation. But the game seems lost: Monday, February 22, the Supreme Court rejected their final appeal.
The Nine Wise Men confirmed the earlier ruling of a federal judge, who ordered the Mazars accounting firm to hand over Donald Trump’s tax and banking returns from 2011 to 2018 to the Manhattan prosecutor.
According to the American press, these are therefore millions of pages, in digital or physical form, which should be sent in the next few days to Cyrus Vance, who has been monitoring the application of New York State law since 2010. in Manhattan Island.
This does not mean, however, that these documents will be made public: the prosecutor’s investigation is taking place behind closed doors. Information will only be revealed if it gives rise to one or more charges.
► What does New York justice criticize the ex-president?
Cyrus Vance, a Democrat, began to take an interest in Donald Trump in 2018, after the revelations concerning payments made, before the 2016 presidential election, to two alleged mistresses of the billionaire, in exchange for their silence. The question then was, for the prosecutor, whether these payments violated the laws of the State of New York.
→ READ. US presidential election: Donald Trump would not have paid income tax for ten years
But, gradually, the spectrum of the investigation has widened considerably: the Cyrus Vance teams are now also examining possible cases of tax fraud, insurance fraud, or even bank fraud.. They are particularly interested in the valuation of Donald Trump’s assets, which could have been sometimes overestimated to benefit from loans, sometimes underestimated to avoid taxes.
► When will this case see its end?
The greatest discretion surrounds this matter. Cyrus Vance does little public comment, and his work is done in the shadows. Impossible, therefore, to know when its investigation will come to an end and lead, possibly, to prosecution. But everything suggests that the matter will be long.
→ ANALYSIS. Impeachment trial: where has Donald Trump gone?
First of all because of the prosecutor’s task. Analyzing the tax and accounting data that Mazars will soon send to its departments will be a long and complex task. Especially since Cyrus Vance is investigating not only Donald Trump, but also his company – the Trump Organization – and his family.
According to American media, employees of the insurance company Aon and Deutsche Bank, two former privileged partners of the former president and the Trump Organization, were recently questioned. To see more clearly in these financial meanders, Cyrus Vance has just recruited the lawyer and former prosecutor Mark Pomerantz, specialist in white-collar delinquency and organized crime.
Then, because of the personality of Donald Trump, whose ability we know to fight to the end, supported by an army of lawyers. Lawyers who, however, will have to fight many battles: the 74-year-old ex-president faces multiple legal proceedings.
The most recent was opened in early February in Georgia, where Donald Trump stepped up pressure on local officials to try to overturn the result of the November presidential election in the state.