“We have informed the Trump Organization that our investigation into the organization is no longer purely civil in nature. We are now actively investigating the Trump Organization in a criminal capacity, along with the Manhattan DA,” James’ spokesman Fabien Levy told CNN. “We have no additional comment.”
A lawyer for the Trump Organization declined to comment when reached by CNN.
Manhattan District Attorney Cy Vance’s office is examining millions of pages of documents that include Trump’s tax returns.
A person familiar with the investigation said a couple of investigators with the New York attorney general’s office, who are steeped in knowledge about the Trump Organization, have joined the district attorney’s team. A different person familiar with the matter said the New York attorney general is still conducting a civil investigation.
Trump has previously called the New York attorney general’s investigation politically motivated.
For the past two years, James’ office looked into matters including whether or not it improperly inflated assets on financial statements to secure loans and obtain economic and tax benefits, as well as how Trump Organization employees were compensated.
Trump’s longtime tax attorney Sheri Dillon was also deposed but the state says she declined to answer certain questions.
Several Trump Organization properties’ financial dealings are being scrutinized as part of the investigation, including Seven Springs Estate in Westchester County, New York; 40 Wall Street, a building in Lower Manhattan; Trump International Hotel and Tower Chicago; and Trump National Golf Club in Los Angeles.
This story has been updated with additional information Tuesday.
Source: CNNPolitics – Breaking News