But in a court filing this week, prosecutors with the district attorney’s office cited “public reports of possibly extensive and protracted criminal conduct at the Trump Organization” and suggested that they were also investigating possible crimes involving bank and insurance fraud.
Because of its longstanding and multifaceted relationship with Mr. Trump, Deutsche Bank has been a frequent target of regulators and lawmakers digging into the president’s opaque finances.
But the subpoena from the office of the district attorney, Cyrus R. Vance Jr., appears to be the first instance of a criminal inquiry involving Mr. Trump and his dealings with the German bank, which lent him and his company more than $2 billion over the past two decades.
Deutsche Bank complied with the subpoena.
Over a period of months last year, it provided Mr. Vance’s office with detailed records, including financial statements and other materials that Mr. Trump had provided to the bank as he sought loans, according to two of the people familiar with the inquiry.
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But while the subpoena of Deutsche Bank indicates the breadth of Mr. Vance’s investigation, his inquiry is still at an early stage, a person briefed on the matter said.
Time to get the popcorn popping?
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But in a court filing this week, prosecutors with the district attorney’s office cited “public reports of possibly extensive and protracted criminal conduct at the Trump Organization” and suggested that they were also investigating possible crimes involving bank and insurance fraud.
Because of its longstanding and multifaceted relationship with Mr. Trump, Deutsche Bank has been a frequent target of regulators and lawmakers digging into the president’s opaque finances.
But the subpoena from the office of the district attorney, Cyrus R. Vance Jr., appears to be the first instance of a criminal inquiry involving Mr. Trump and his dealings with the German bank, which lent him and his company more than $2 billion over the past two decades.
Deutsche Bank complied with the subpoena.
Over a period of months last year, it provided Mr. Vance’s office with detailed records, including financial statements and other materials that Mr. Trump had provided to the bank as he sought loans, according to two of the people familiar with the inquiry.
✁
But while the subpoena of Deutsche Bank indicates the breadth of Mr. Vance’s investigation, his inquiry is still at an early stage, a person briefed on the matter said.
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https://www.nytimes.com/2020/08/05/nyregion/trump-taxes-vance-deutsche-bank.html