Yesterday, the New York Attorney General‘s Office announced that the civil inquiry into Donald Trump and his organization has gone criminal. That is, the Office which has both civil and criminal arms, has concluded that the conduct is so serious that it should be prosecuted. The Office now joins the Manhattan District Attorney’s Office in its criminal investigation of Trump and his organization.
The announcement is a serious sign that the investigation into Trump is heating up and will get more intense over the next few months. Both governmental units are looking into whether he or his company misled lenders and insurance companies about the value of properties and whether it paid the appropriate taxes.
And with millions of documents that the authorities have – including his tax returns, accountant work papers and financial records — there is apparently much concern by Trump and his inner circle.
Further, timing is real. With every passing year that goes by, Trump is shielded, in part, by the statute of limitations for prior misconduct. Thus, if there is going to be an indictment — and the tea leaves lead me to conclude that there will be — Trump will be facing far bigger problems than he has ever faced. Simply, while he will claim it’s a “witch hunt” or a “hoax,” the evidence is what it is. And we these potential crimes, he cannot escape from the clear and obvious paper trail that the authorities are closely scrutinizing.