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Previous story New York state probe of Trump Organization is now criminal: Attorney general Next story

STORY BY REUTERS

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The investigating includes whether the Trump Organization inflated the values of some properties to obtain better loans, and lowered their values to obtain property tax breaks. Manhattan District Attorney Cyrus Vance said in court filings it was investigating
Published on May 19, 2021 11:47 PM

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Trump Tower entrance is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 20, 2021. REUTERS/Carlo Allegri
The New York attorney general's office said on Tuesday it has now opened a criminal investigation into former President Donald Trump's company, going beyond what began as a civil probe.

Attorney General Letitia James has been investigating whether the Trump Organization falsely reported property values to secure loans and obtain economic and tax benefits.

"We have informed the Trump Organization that our investigation into the organization is no longer purely civil in nature," Fabien Levy, a spokesman for the attorney general's office, said in a statement.

"We are now actively investigating the Trump Organization in a criminal capacity, along with the Manhattan DA," he said.