Two separate New York state investigations into allegations of fraud by President Trump are now looking into tax write-offs on millions of dollars in consulting fees, some of which appear to have gone to the president’s daughter and senior adviser Ivanka Trump. Criminal investigation by Manhattan District Attorney Cyrus Vance (D) and a civil probe by New York state Attorney General Letitia James (D), both of which are being conducted independently, have apparently recently issued subpoenas to the Trump Organization for records in connection to the write-offs. This comes after a report from the “Times”, published in September and based on more than two decades of Trump’s tax records, found that he had deducted approximately $26 million in fees to unidentified consultants on several projects between 2010 and 2018.
Ivanka Trump reacted to the Times’ Investigation on Thursday evening, tweeting, “This is harassment pure and simple. This ‘inquiry’ by NYC democrats is 100% motivated by politics, publicity and rage. They know very well that there’s nothing here and that there was no tax benefit whatsoever. These politicians are simply ruthless.” Keep in mind however, through other reporting we learned that President Trump had made about 73 million dollars from foreign investors while he’s President. Also, Jared and Ivanka are reported to have made 130 million dollars while in the White House with traces going back to individuals of elite statuses. Alan Garten, general counsel member of the Trump Organization stated, “Everything was done in strict compliance with applicable law and under the advice of counsel and tax experts.” He added, “All applicable taxes were paid and no party received any undue benefit.” Soon enough the general public will be made well aware of the inner workings of the White House and an investigation is the beginning to entice truth to be revealed.
CIMA Law Group Blog 