The Manhattan district attorney’s office has added a prominent federal prosecutor with a working history in white-collar crime cases to its investigation into the former’s business dealings. President TrumpDonald TrumpThune: Trump Allies Engage In ‘Cancellation Culture’ By Punishing Senators Who Voted To Condemn Open Biden Administration To Restart Nuclear Talks With Iran Trump-McConnell Divide Divide Republican Donors MORE.
The New York Times reported that the office of Manhattan District Attorney Cyrus Vance has added former prosecutor Mark Pomerantz to his team investigating potential tax and banking fraud by the Trump Organization.
The Hill has reached out to the district attorney’s office for comment.
According to Pomerantz’s biography on the website of the legal practice of Paul, Weiss, of which the lawyer is currently on license, Pomerantz “has advised executive directors in proceedings initiated by the Department of Justice and the SEC. ”
The attorney has also “handled important matters and internal investigations involving all aspects of alleged corporate misconduct, including bank and securities fraud, mail and wire fraud, RICO and FCPA violations, tax offenses and bribery.”
Pomerantz’s incorporation is the latest development in Vance’s ongoing investigation into Trump and his affiliated businesses, an investigation that Trump and his allies have claimed is a politically motivated “witch hunt” by Vance, a Democrat.
The Wall Street Journal reported last week that the district attorney’s office had expanded his investigation to include Trump properties in Manhattan, including its Trump Tower and Trump International Hotel and Tower, as well as Trump Plaza.
The Journal reported at the time that Vance’s office was specifically investigating loans Trump obtained for buildings that were made by subsidiaries of the Ladder Capital real estate investment trust.
Ladder Capital has loaned Trump more than $ 280 million for Manhattan buildings since 2012, the newspaper reported, citing property records.
Reports came up last month that Vance’s investigation had been expanded to include the former president’s Seven Springs estate in Westchester County.
Vance and Trump still remain in a protracted legal battle over Trump’s tax returns and other financial information.
The Supreme Court ordered Trump in July to turn over the tax records, but the former president has since appealed the ruling. The superior court has not yet decided whether it will hear the case.