Trump warned that ‘subpoenas and seizures’ await him after presidency

floridafan

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According to a report from the New York Times, Donald Trump is looking at a world of legal hurt after he steps down — willingly or not — next January when former Vice President Joe Biden assumes the presidency.

While New York Attorney General Letitia James has already gone on record and served notice that her department is looking into what she called an “investigation against the Trump Organization related to financial impropriety and that investigation is ongoing,” the Times is reporting that Manhattan District Attorney Cyrus R. Vance Jr. is still awaiting the president’s tax returns which could be the key to criminal charges.

With the Times report noting, “After Jan. 20, Mr. Trump, who has refused to concede and is fighting to hold onto his office, will be more vulnerable than ever to a pending grand jury investigation by the Manhattan district attorney into the president’s family business and its practices, as well as his taxes,” the report goes on to points out that “Mr. Vance’s inquiry could take on outsized importance if the incoming Biden administration, in seeking to unify the country and avoid the appearance of retaliation against Mr. Trump, shies away from new federal investigations.”

According to Stephen I. Vladeck, a law professor at the University of Texas, even if the Biden administration frowned upon criminal charges against the Trumps there would be little they could do to run interference.

“Vance has been the wild card here,” he explained. “And there is very little that even a new administration that wants to let bygones be bygones could do formally to stop him.”

“The district attorney’s inquiry, which began in the summer of 2018, was first thought to focus on hush money payments made on behalf of Mr. Trump just days before the 2016 presidential election to an adult film star who had claimed she had an affair with him,” the Times reports. “But the subpoena for Mr. Trump’s tax returns underscores an apparent greater focus on potential tax crimes, which tax experts, former prosecutors and defense lawyers agree can be among the toughest cases for the government to win at trial.”

https://www.rawstory.com/2020/10/ny...-after-him-and-his-family-after-the-election/
 
Criminal tax cases may be hard to win because you have to prove intent but civil cases requiring payment of back taxes and penalties are relatively easy to win if the taxes were not paid as required.
 
Criminal tax cases may be hard to win because you have to prove intent but civil cases requiring payment of back taxes and penalties are relatively easy to win if the taxes were not paid as required.
Serious question, do they look at his loan applications and declarations of property values and weigh those against his tax statements? Would that help to prove intent?
 
If Trump has to pay back taxes, fines, and penalties, this will add to Trump's financial burdens, and will help bring down the Trump empire.
 
The criminalization of political differences is a global problem, and is a symptom of the death of the West.

Only morons cheer this.
 
Serious question, do they look at his loan applications and declarations of property values and weigh those against his tax statements? Would that help to prove intent?

It all comes back to intent. If he can show that the values came from an "independent" appraiser even if he leaned on the appraiser to give a false appraisal it might be hard to prove intent since he can claim he relied on experts and now that expert is lying to save his own skin. It isn't that uncommon for values for property tax purposes to be different from values for bank loans. The declared value of the property wouldn't really show up on his income tax returns unless he was committing some other kind of fraud linked to depreciation.

The real question here is when the property was valued, by whom, and for what purpose. If Trump was specifically appraisal shopping over a short period of time to get false appraisals depending on the purpose then intent becomes easier to show. For instance if he had it appraised at $10M to get a bank loan and then a month later argued to reduce his property taxes because the value was only $5M and there was no substantial change in the real estate market to cause the drop in value that would show intent. Of course he could argue it wasn't bank fraud because he wasn't defrauding the bank because he was defrauding the taxing authority and then he could argue that it wasn't tax fraud because he was defrauding the bank. That might create some confusion as to which crime is the one he committed so reasonable doubt comes into play.
 
It all comes back to intent. If he can show that the values came from an "independent" appraiser even if he leaned on the appraiser to give a false appraisal it might be hard to prove intent since he can claim he relied on experts and now that expert is lying to save his own skin. It isn't that uncommon for values for property tax purposes to be different from values for bank loans. The declared value of the property wouldn't really show up on his income tax returns unless he was committing some other kind of fraud linked to depreciation.

The real question here is when the property was valued, by whom, and for what purpose. If Trump was specifically appraisal shopping over a short period of time to get false appraisals depending on the purpose then intent becomes easier to show. For instance if he had it appraised at $10M to get a bank loan and then a month later argued to reduce his property taxes because the value was only $5M and there was no substantial change in the real estate market to cause the drop in value that would show intent. Of course he could argue it wasn't bank fraud because he wasn't defrauding the bank because he was defrauding the taxing authority and then he could argue that it wasn't tax fraud because he was defrauding the bank. That might create some confusion as to which crime is the one he committed so reasonable doubt comes into play.
Thank you very much.
 
The criminalization of political differences is a global problem, and is a symptom of the death of the West.

Only morons cheer this.

It requires actually committing crimes. Only idiots would have watched this Soprano episode for 4 years and not learned something about what kind of a person Trump is.
 
It will be interesting to see how it will play out as Trump leaves office..

If he starts his own network etc
 
The criminalization of political differences is a global problem, and is a symptom of the death of the West.

Only morons cheer this.

Yeah, smart people want the rich to get away with cheating. Trump is not committing political difference crimes, but real civil crimes. You rightys just want him to get away with it for some reason,
 
the political elite did not pursue further criminal charges against hillary, because political elite, but mark my words............pursuing legal action against trump opens biden and harris up to a world of pain during and after their term is up
 
Serious question, do they look at his loan applications and declarations of property values and weigh those against his tax statements? Would that help to prove intent?

“If you just have the documents, the defense will say that defendant didn’t have criminal intent,” Jaroslaw explains. “I call it the ‘I’m an idiot’ defense: ‘I made a mistake. I didn’t mean to do anything.’ ” Unfortunately for Trump, both Cohen and his longtime accountant, Allen Weisselberg, have already signaled their willingness to cooperate with prosecutors. “What’s great about having an accountant in the witness stand is that they can tell you about the conversation they had with the client,” Jaroslaw says.
 
the political elite did not pursue further criminal charges against hillary, because political elite, but mark my words............pursuing legal action against trump opens biden and harris up to a world of pain during and after their term is up

Biden already stated that is not on his agenda......

But he also said that if others examined various trump endeavors etc he would not interfere..
 
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