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Trump Arrives in New York to Investigate His Business Practices

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Karen Freifeld and Kanishka Singh

In this file photo taken on Sept. 24, 2020, Donald Trump speaks to the press as he makes his way to board Marine One from the South Lawn of the White House in Washington, D.C.
Pictures taken with this file Donald Trump speaks to the media as he attempts to board Marine One from the South Lawn of the White House in Washington, D.C., September 24, 2020 Photo credit: MANDEL NGAN /Getty AFP via Images

Former US President Donald Trump will arrive at the New York Attorney General's Office in Lower Manhattan on Wednesday and will testify there. of a civil investigation into his family's business practices.

New York Attorney General Letitia James is investigating whether the Trump Organization inflated real estate values. Trump and his two adult children, Donald Trump Jr. and Ivanka Trump, fought to avoid testimony but lost. Trump wore a blue flag pin on his lapel Wednesday morning. Dressed in a suit, he raised his fist as he exited Trump Tower. Sources also told Reuters that Trump plans to testify at the inquiry on Wednesday.Trump's children have already been questioned, the sources said.

Depositions are not made public.

A spokeswoman for James declined to comment. A lawyer for Trump did not respond to a request for comment.

James argued that the Trump Organization, which manages hotels, golf courses and other real estate, overvalued property values ​​to obtain favorable loans and undervalued them to obtain taxes. She said her research found significant evidence of underestimation. It will break.

Trump has denied wrongdoing and said the New York investigation was politically motivated. James is a Democrat.

"Tonight in New York City. Racist N.Y.S. Tomorrow Attorney General, continue the greatest witch hunt in US history! My great company and myself are being attacked from all sides. Banana Republic!" Trump said in a TrueSocial post late Tuesday.

It is unclear how much Trump will say during the deposition. According to a person familiar with the matter, he may refuse to answer his question on the grounds that he could incriminate himself.

However, this testimony may help determine the course of the investigation. No lawsuit has been filed.

Separately, the FBI raided Trump's Florida estate on Monday to launch a federal investigation into whether Trump illegally removed records from the White House when he resigned in January 2021.

Trump has publicly announced that he will run for president again in 2024, but has not explicitly stated whether he will do so.

The warrant to search Trump's Florida mansion is linked to the National Archives and Records Administration, which is responsible for safeguarding the president's records, and is located at his resort in Mara Lago, Florida. It has to do with whether or not there was a confidential document. Palm Beach, Florida, according to a person familiar with the matter.

Mr. Trump has resigned after his supporters stormed the U.S. Capitol on January 6, 2021, and failed to bid to overturn his election loss. I had to deal with legal issues. Trump continues to make false claims that the election was stolen through widespread voter fraud.

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