Manhattan District Attorney Cy Vance intensified its investigation into the former president Donald trump With the addition of a former federal prosecutor renowned for his expertise in unraveling complex financial transactions and white collar crimes, the New York Times reported Thursday.
Former Assistant United States Attorney for the Southern District of New York where he spent three years as head of the Criminal Division, Mark Pomerantz has officially agreed to help Vance’s team with their investigation of Trump and his private companies for possible tax and banking fraud, people who are aware of the investigation told the Time.
The investigation, which began as an investigation into silent payments, Trump’s former lawyer and fixer Michael cohen paid adult movie star Stormy daniels before the 2016 election, expanded “significantly“In recent months. Prosecutors have claimed in court documents that they have proof of “possibly widespread and prolonged criminal conduct within the Trump organization.”
According to the report, “the investigation by Mr. Vance, a Democrat, focuses on possible tax and bank fraud, particularly if the Trump organization has misled its lenders or local tax authorities about the value of its properties to get loans and taxes. benefits, said those with knowledge of the case, requesting anonymity due to the sensitive nature of the investigation.
The district attorney’s office also interviewed Employees of Deutsche Bank, employees of insurance broker Aon and employees of Ladder Capital, one of Trump’s main lenders. German Bank, For its part, is ended up with Asset.
However, despite years of ongoing litigation, Trump’s tax returns have yet to be filed with prosecutors, with the U.S. Supreme Court inexplicably delaying a final decision in the case for months.
Pomerantz, who sits on the Advisory board for the Quattrone Center for the Fair Administration of Justice, will now bring decades of white-collar legal expertise from the public and private sectors to the table. He recently left his position as “lawyer” in the litigation department of Paul Weiss to join the Vance team.
“Mark has represented some of the largest corporations in the United States in investigations by the United States Department of Justice and various state and local prosecutors. He has tried cases on behalf of business clients and individuals before juries and arbitration boards, and also has substantial appellate experience, bringing dozens of appeals to appellate courts across the country ” , states his biography of the Quattrone Center. “In addition, Mark has extensive experience in matters involving the financial services industry, and has dealt with major issues and internal investigations relating to all aspects of alleged malpractice, including banking and banking fraud, corporate fraud. mail and wire transfer, RICO and FCPA violations, tax offenses and corruption. In recent years, he has represented clients in areas involving equity research analysts, structured finance, IPO allocation, mutual fund industry reform and other major issues related to the enforcement of securities law by federal and state authorities.
Speak Time, Pomerantz was also involved in a 1988 organized crime case that helped determine the legal definition of “racketeering.”[Image via MANDEL NGAN/AFP via Getty Images, ANGELA WEISS/AFP via Getty Images]
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