A new development here to report on the ongoing battle over Pres. Donald Trump’s tax returns.
This following reports the DA’s office may be considering charges of tax fraud. That was reported by The New York Times last month. As the two sides have been tied up in court for a year until now. Pres. Trump had originally argued chief executives have sweeping immunity from the criminal process.
Later he claimed Vance’s subpoena was excessively wide-ranging. Like the equivalent of a fishing expedition. But an appeals court soon struck down his claim.
The U.S. Court of Appeals decision made by a three-judge panel even as Vance’s office decided to delay the subpoena back in August. That judgment backing a federal court ruling dismissing the president’s argument against enforcing the order.
The DA told, “Even if the grand jury were testing the truth of public allegations alone, such reports, taken together, fully justify the scope of the grand jury subpoena at issue in this case.”
Then stated, “In particular, public reports have alleged that Trump Organization executives used fraudulent financial statements as part of long-standing practices of overstating assets sent to potential business partners and lenders and minimizing assets in tax returns.”
Among the issues in question are an alleged hush payment Trump made to adult film actress Stormy Daniels. Former fixer for the president Michael Cohen reportedly acting as a go between.
While a parallel probe is being run by New York State Attorney General Letitia James. The president’s middle son Eric gave his testimony for the inquiry earlier this week. His counsel did not comment on the matter.
What if anything more will be revealed ahead of Election Day?
And an even more important question to ask is who is holding Donald Trump’s $421 million of debt.
There’s a real chance that if this is owed to foreign entities, Trump could be a puppet in a much larger scheme to control the US government.
To try and prepare for the enormous amount of debt he owes he has already refinanced profitable properties and sold off the majority of his stocks.
Public servants that are highly indebted and financially desperate are marks for many things including bribery, blackmail, and even potential treason. Imagine what someone with that kind of hold on Trump could do.
In recent years only one bank was willing to work with Trump…Deutsche Bank.
The head honchos at Deutsche knows how desperate Trump was and is, but they lent him millions anyway. Why? For one thing, Supreme Court Justice Anthony Kennedy’s son was in charge of the real estate division. Then Justice Kennedy unexpectantly retired to ensure that Trump could choose his replacement.
Deutsche Bank has been fined and sanctioned multiple times for money laundering scandals, including $20 billion from Russian kleptocrats.
Out there somewhere is an individual or individuals that own Trump’s half-a-billion in debt and if they have any idea where the skeletons are hidden, they could easily be dictating how Trump runs the country. Every day that Trump remains in power the risks to our county grow greater.