Showing posts with label TRUMP FRAUD CASE. Show all posts
Showing posts with label TRUMP FRAUD CASE. Show all posts

February 22, 2021

 

The Supreme Court on Monday rejected a last-ditch attempt by former President Donald J. Trump to shield his financial records, issuing a brief, unsigned order requiring Mr. Trump’s accountants to turn over his tax and other records to prosecutors in New York.

The court’s order was a decisive defeat for Mr. Trump, who had gone to extraordinary lengths to keep his tax returns and related documents secret. There were no dissents noted.

The case concerned a subpoena to Mr. Trump’s accountants, Mazars USA, by the office of the Manhattan district attorney, Cyrus R. Vance Jr., a Democrat. The firm has said it will comply with the final ruling of the courts, meaning that the grand jury should receive the documents in short order.

Mr. Vance issued a three-word statement in response to the court’s order: “The work continues.”

Under grand jury secrecy rules, it would ordinarily be unclear when, if ever, the public would see the information. But The New York Times has obtained more than two decades of tax return data of Mr. Trump and his companies, and it recently published a series of articles about them.

Mr. Trump, the articles said, has sustained significant losses, owes enormous debts that he is personally obligated to repay, has avoided paying federal income taxes in 11 of the 18 years The Times examined and paid just $750 in both 2016 and 2017. The scope of Mr. Vance’s inquiry is not known. It arose partly from an investigation by his office into hush-money payments to two women who said they had affairs with Mr. Trump, relationships the president has denied. But court filings by prosecutors suggested that they are also investigating potential crimes like tax and insurance fraud.