If you’re anything like me, you just keep waiting and waiting for the shoe to finally drop in regard to the mounting, numerous investigations against ex-President Donald Trump — but yet it never quite does. For the most part, the man is still out here living his best life, talking about running for president again, despite all the multitude of illegal things he’s done.
It gets frustrating, to say the least.
But, according to one legal analyst, we may soon at least get the satisfaction of watching the ongoing fraud investigation in New York “take an economic wrecking ball to Donnie’s company and overall financial standings.
Speaking on MSNBC recently, former assistant attorney general in New York, Tristan Snell, took the time to discuss a recent report noting that the New York Attorney General’s office is officially seeking a deposition from Donald Trump on January 7th, in connection to their civil investigation into potential fraud by the Trump Organization.
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According to Snell, the report indicates that someone within the ex-president’s company is cooperating with investigators and testifying against the ex-president.
However, the former assistant AG notes that the real meat and potatoes of the whole case is evidence that was found tucked away in documents. Snell cited the recent report from the Washington Post that shows the Trump Organization reporting the value of one of its properties as $527 million to a potential lender, then turning just a few short months later and reporting it at a severely lessened $16.7 million to tax authorities.
“That is a 3,300 percent disparity between what they reported to a lender and what they reported to the tax authorities,” Snell explained. “These numbers really speak for themselves. Donald Trump didn’t need anyone to snitch on him. He snitched on himself with how broad of a disparity that was.”
Snell went on to note that many people have been “sleeping” on this civil investigation against Trump because they’re anxious to see him go down for criminal charges.
“However, this could take an economic wrecking ball to the Trump Organization,” he went on to explain. “This could mean hundreds of millions of dollars in back taxes, penalties, other fees that he could have to pay to the state as well as to the lenders that he defrauded, so this could be ruinous for him financially.”
The former assistant AG goes on to say that the New York AG’s civil investigation, in combination with a separate criminal probe led by the Manhattan district attorney, could serve as a “one-two punch” for Donald Trump. Snell adds that Letitia James’ request for a Trump deposition indicates that the civil case is “really far along.”
“We wouldn’t bring in somebody for this kind of testimony — 90 percent-plus of this case is already built,” Snell explained. “Trump’s going to get it from both directions on this one.”
You can watch the clip here:
Featured image via Political Tribune gallery
