New York Prosecutors Investigating Loans Trump Took Out For His Manhattan Properties
“Show me the man and I will find you the crime” – Lavrentiy Beria to Joseph Stalin
President Trump was acquitted for the second time by the U.S. Senate on Saturday, but New York crooks continue to pester him with an investigation.
The New York Attorney’s Office, led by crooked Manhattan District Attorney Cyrus Vance Jr., is investigating loans Donald Trump took out on his Manhattan real estate.
According to the Wall Street Journal, prosecutors in New York are reviewing loans Trump took out from Ladder Capital for four different buildings.
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Ladder Capital’s subsidiaries have loaned Trump more than $ 280 million since 2012. Now the prosecutors are looking into what they can find.
Via the Wall Street Journal:
The New York District Attorney’s Office is investigating financial transactions related to some of Donald Trump’s signatures in Manhattan, adding to the known scope of the criminal investigation of the former president and his company, according to people familiar with the matter.
People said Manhattan prosecutors are reviewing loans Mr Trump took out on his flagship building on Fifth Avenue, Trump Tower. 40 Wall Street, an Art Deco skyscraper in New York’s financial district; Trump International Hotel and Tower, a hotel and condominium building on Columbus Circle; and Trump Plaza, a residential building on Manhattan’s East Side.
All of the loans examined were made to Mr. Trump by subsidiaries of Ladder Capital Corp., a New York City-based real estate investment trust. Since 2012, Ladder Capital has loaned Mr. Trump more than $ 280 million for the four buildings in Manhattan.
Cy Vance previously opened an investigation by the Trump organization into alleged “insurance and banking fraud” in connection with Trump’s accounting firm Mazars USA.