By Celine Castronuovo - 12/29/20 06:31 PM EST
The Manhattan District Attorney’s Office has brought in forensic accounting specialists to assist its criminal investigation into President Trump
People familiar with the matter confirmed the plans to the Post. One source with knowledge of the investigation said that District Attorney Cyrus Vance Jr. has hired FTI Consulting to investigate property deals and to advise him on whether the Trump Organization altered the value of certain assets in order to get tax breaks and better interest rates.
The probe, which began in 2018 to look into alleged payments given to two women who claimed to have had affairs with Trump, has now expanded to include potential wrongdoings by Trump’s larger businesses activities, the Post reported.
The Manhattan District Attorney s Office has called in a forensic accounting firm to aid in its criminal probe of President Donald Trump s business dealings, according to a new report.
DA Cyrus Vance Jr hired FTI Consulting, a financial consulting firm headquartered in Washington DC, to assist in reviewing Trump Organization documents, people familiar with the matter told the Washington Post.
Vance s probe, which began as an investigation into hush money payments to two women who claimed they had affairs with Trump, has reportedly widened into examining potential tax, loan and insurance fraud at the Trump Organization.
Trump has previously called Vance s probe a fishing expedition and a continuation of the witch hunt the greatest witch hunt in history, accusing the elected Democrat of partisan motives.
N.Y. prosecutor hires forensic accounting experts as Trump criminal probe escalates
The Manhattan District Attorney’s Office has retained forensic accounting specialists to aid its criminal investigation of President Trump and his business operations, as prosecutors ramp up their scrutiny of his company’s real estate transactions, according to people familiar with the matter.
District Attorney Cyrus R. Vance Jr. opened the investigation in 2018 to examine alleged hush-money payments made to two women who, during Trump’s first presidential campaign, claimed to have had affairs with him years earlier. The probe has since expanded, and now includes the Trump Organization’s activities more broadly, said the people familiar with the matter.