- New York AG Letitia James this week announced a $250 million lawsuit against Trump and his company.
- But the investigation into his business practices was sparked during a congressional hearing in 2019.
- Rep. Alexandria Ocasio-Cortez horrified former Trump attorney Michael Cohen over Trump’s alleged fraud.
Rep.’s probing questions. Alexandria Ocasio-Cortez at a congressional hearing more than three years ago this week bore legal fruit when New York Attorney General Letitia James announced a $250 million civil lawsuit against former President Donald Trump — and the Democratic legislature initiated the investigation .
The New York Attorney General’s office announced on Wednesday that it had asked federal prosecutors to investigate Trump’s business practices regarding possible federal crimes.
The request comes on the heels of James who is filing an extensive lawsuit against Trump, his three oldest children and the Trump Organization, accusing the former president of inflating his assets and claiming that his company has artificially inflated asset value for tax purposes. or reduced.
The announcement is the culmination of James’ three-year investigation into Trump and his New York business empire. But the story of Trump’s most recent legal ailment begins at a Congressional hearing in February 2019 — where a then-fresh legislator agreed with a convicted criminal.
Just a month after her newfound role as a congressman, Ocasio-Cortez stole the show at a House Oversight and Reform Committee hearing, where Michael Cohen, Trump’s former attorney and fixer, testified publicly against his former boss.
Ocasio-Cortez, who sent shockwaves through Washington DC a year earlier after impeaching a former lawmaker in the New York Democratic primary, received credit for her questions and follow-ups that led Cohen to make some illuminating revelations.
The New York congresswoman questioned Cohen whether Trump had ever provided inflated assets to an insurance company.
Cohen, who was sentenced to three years in prison in 2018 after pleading guilty to charges in two separate investigations, confirmed that the then-president had offered fraudulent asset information. Cohen also said several Trump Organization executives, including Allen Weisselberg, Ron Lieberman and Matthew Calamari, were aware of such practices.
‘And where could the committee find more information about this?’ asked Ocasio-Cortez. “Do you think we should review his financial statements and his tax returns to compare them?”
“Yeah, and you’d find it in the Trump Org,” Cohen replied.
—CSPAN (@cspan) February 27, 2019
The New York Attorney General this week credited the 2019 exchange with instigating the investigation.
“I will remind everyone that this investigation only began after Michael Cohen, the former attorney, his former attorney, testified before Congress and shed light on this misconduct,” James said.
Trump responded to the New York AG’s charge in a statement to Truth Social, accusing James of being a “failed AG” with a “lack of talent.” Trump lawyer also released a statementsaying that James’ office is not focused on “the facts or the law” and is instead interested in advancing her “political agenda”.
Prosecutors in the case want to permanently ban the Trump family from doing business in New York after James said on Wednesday that her office believes there is enough evidence in the civil suit to show Trump and his organization have federal criminal law. violated.
It is the most recent legal problem for Trump, who faces a slew of mounting legal problems, including an FBI investigation into how he handled classified material.