The Manhattan district attorney has convened a grand jury that is expected to weigh any criminal evidence against former President Trump, the Trump Organization and top executives of his company and decide whether to issue indictments, according to The Washington Post.
Manhattan District Attorney Cy Vance Jr.’s office has reportedly been investigating an array of potential financial misconduct, including criminal fraud.
News of the grand jury is the latest sign of a quickening investigative pace for Vance’s probe, which is unfolding alongside an overlapping inquiry by the New York attorney general. Their offices are now coordinating efforts.
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The grand jury is expected to hear several legal matters in addition to potential evidence of questionable financial activity linked to the former president and the Trump Organization, according to The Post, which said the panel will gather three days a week for six months.
Among the millions of pages of documents in evidence are eight years’ worth of Trump’s tax returns, which Vance’s office obtained in February after a long legal battle.
One theory is that the company inflated the value of assets to get more favorable terms for bank loans, insurance and tax breaks and deflated the value to reduce the amount owed in real estate taxes.
Investigators are also looking into possible tax fraud related to Seven Springs, a New York property in the Trump Organization’s portfolio, as well as payments to Stormy Daniels, an adult-film star who says she had an affair with Trump, which he denies.
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Manhattan DA convenes grand jury expected to weigh Trump evidence: report https://t.co/SjFF7KvuiT pic.twitter.com/LbXZHqhwKQ
— The Hill (@thehill) May 26, 2021
This may or may not lead to anything or some people under or associated with Trump will be prosecuted and he will escape justice once again. But even if Trump is prosecuted and convicted, he may not necessarily serve prison time.
But whatever happens, this grand jury is a step in the right direction. It does look like DA Vance has some serious evidence or he would not have convened a grand jury. I would actually be ok if DA Vance could topple the Trump empire and reduce the Trump crime family to poverty. But Trump’s ruin must be full and complete. He cannot have resources to run for president, hold inflammatory rallies and in general be able to rouse his loyal cult followers.
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