Trump’s real estate appraiser has handed over nearly 36,000 documents to the New York Attorney General after being held in contempt for refusing to cooperate in civil probe into his tax dealings
- Commercial real estate firm Cushman & Wakefield was held in contempt last month and fined $10,000 per day for failing to comply with a subpoena
- New York’s Democratic Attorney General Letitia James has been investigating the Trump Organization over tax fraud allegations since March 2019
- In a letter to the presiding judge, prosecutors revealed that Cushman was cooperating and asked for the contempt charge and related fines to be purged
- James claimed to have uncovered ‘substantial evidence’ of tax fraud
- Trump and his two eldest children were meant to be deposed on July 15
- The death of his first wife and their mother, Ivana Trump, forced it to be moved
- Donald Trump Jr. and Ivanka Trump have spoken to prosecutors since then
A real estate firm that’s appraised a number of Trump Organization properties has handed over nearly 36,000 documents to New York Attorney General Letitia James, court documents show.
Commercial real estate giant Cushman & Wakefield was held in contempt last month after failing to comply with a subpoena from James’ office.
In addition to the contempt order, New York County Supreme Court Justice Arthur Engoron imposed a $10,000 fine for every day the company did not comply with James’ subpoena.
The Democratic official’s office has been investigating Donald Trump‘s real estate empire in March 2019 over allegations the company used knowingly misleading financial information in its dealmaking.
James’ team claims to have uncovered ‘substantial evidence’ of tax fraud that goes back more than a decade in the ongoing civil probe.
And last Friday, prosecutor Austin Thompson said in a letter to Engoron that they ‘received Cushman’s production, which amounts to about 35,867 documents since entry of this Court’s contempt order.’
Though it doesn’t go into specifics on the documents, the August 5 letter suggests they are more than satisfied with what Cushman & Wakefield has provided.
Donald Trump’s family business has been under investigation by the New York Attorney General’s office since March 2019
Thompson wrote to Engoron that the real estate firm was in ‘completed compliance’ with James’ subpoena and asked the judge to dissolve the contempt charge ‘without any fines due or owing.’
The newest court filing was first reported by NBC News.
DailyMail.com has reached out to James’ office for comment.
James’ office is investigating whether to bring a civil lawsuit against the Trump Organization for allegedly inflating the value of its properties in order to obtain favorable loans and deals, then also undercutting those evaluations to pay less in taxes.
AG Letitia James claims to have uncovered ‘substantial evidence’ of tax fraud in the ongoing civil probe
Trump has so far consistently denied any wrongdoing and has denounced James’ investigation as a ‘witch hunt’ and James herself as a ‘racist.’
Cushman and Wakefield’s subpoena covered ‘comps’ in addition to Trump’s properties, so that the court can try to discern how it stacks up against others.
The trial continues to progress, even as Trump signals he could make an early announcement on a potential presidential 2024 campaign.
His son, Eric Trump, gave a deposition in January, and according to James’ office invoked the Fifth Amendment more than 500 times.
The case has also featured a subpoena battle over the president’s children Ivanka Trump and Donald Trump, Jr. over their testimony, in addition to Trump himself.
The trio’s previously agreed-upon deposition date of July 15 was abruptly rescheduled after the sudden death of Trump’s first wife and the mother of his three eldest children, Ivana Trump.
No new date was offered publicly, but people familiar with the investigation told NBC News earlier this month that Donald Trump Jr. and Ivanka Trump have sat down with prosecutors in the weeks since their mother’s death.
Neither reportedly invoked their Fifth Amendment right against self-incrimination while testifying under oath.
The former president is expected to be deposed in the coming weeks, according to the Thursday report.