The Manhattan District Attorney said in an announcement that he will be investigating President Donald Trump and his company for bank and insurance fraud.
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Manhattan DA Cyrus Vance Jr. filed to a federal judge and urged them to block President Trump’s efforts to prevent prosecutors from having access to his tax returns and other documents from his accountants through a grand jury subpoen. As reported by CNBC, Vance’s office was already on the lookout for Trump’s financial records through his accounting firm Mazars USA who reportedly was used as a probe to hide hush money.
The hush money was used to issue a payment to adult film star Stormy Daniels after she revealed she had sex with President Trump a while back but he has denied her claims. The office is seeking for financial records dating back from 2010 to see if they contain evidence of fraudulent transactions “by a variety of individuals and entities over a period of years.”
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A statement from Vance’s office reads,“Every day that goes by is another day Plaintiff effectively achieves the ‘temporary absolute immunity’ that was rejected by this Court, the Court of Appeals, and the Supreme Court.” The filing also argued that Trump’s legal team continues to argue the same points about his violation of legal rights after issuing the subpoena to the Supreme Court.