The Manhattan district attorney’s office added a prominent federal prosecutor with a history of white collar crime work to his investigation of the former’s business. President Trump
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The New York Times reported that the Manhattan district attorney Cyrus Vance added former prosecutor Mark Pomerantz to his team that investigates possible tax and banking fraud by the Trump Organization.
The Hill contacted the district attorney’s office for comment.
According to Pomerantz’s biography on the the legal practice of Paul, Weiss, of which the lawyer is currently on leave, Pomerantz “advised CEOs in lawsuits filed by the Department of Justice and the SEC. ”
The lawyer also “dealt with major matters and internal investigations involving all aspects of alleged corporate misconduct, including securities and bank fraud, mail and electronic fraud, breaches of the RICO and FCPA, tax crimes and bribery.”
The addition of Pomerantz is the latest development in Vance’s ongoing investigation into Trump and his affiliated businesses, an investigation that Trump and his allies claimed to be a politically motivated “witch hunt” by Vance, a Democrat.
The Wall Street Journal reported last week that the district attorney’s office expanded its investigation to include Trump’s properties in Manhattan, including his signature Trump Tower and Trump International Hotel and Tower, as well as Trump Plaza.
The Journal reported at the time that Vance’s office was specifically investigating Trump’s loans for buildings that were made by subsidiaries of the Ladder Capital real estate investment fund.
Ladder Capital has lent Trump more than $ 280 million for Manhattan buildings since 2012, the newspaper reported, citing property records.
Reports came up last month that Vance’s investigation had expanded to include the former president’s estate in Seven Springs, Westchester County.
Vance and Trump still remain in a protracted legal battle over Trump’s tax returns and other financial information.
The Supreme Court ordered Trump to hand over tax records in July, but the former president appealed the decision. The high court has not yet decided whether to hear the case.