(EFE) – Two judicial investigations, one criminal and one civil, have been opened in New York State for possible President’s tax fraud Donald Trump and his companies and others linked to his family, which could have provided the president with inappropriate deductions, the newspaper said exclusively on Thursday The New York Times.
Manhattan District Judge Cyrus R. Vance is investigating a possible criminal case, while State Attorney General Letitia James is investigating a civil case. Both investigations take place separately.
According to the newspaper, the origin of the inquiries are consulting expenses worth de more than US $ 740,000 that Trump would have deducted through his businesses and that they would have ended up in a company in the name of his daughter and presidential adviser, Ivanka Trump.
Both judge and prosecutor have required documentation from the Trump family business conglomerate, the Trump Organization, regarding these expenses, which could be added to a list of judicial problems that the president will have to face once left the White House in January.
Suspicions about Trump’s tax breaks and these two investigations come after The New York Times will publish at the end of September details of how the president had managed to avoid paying or paying too little taxes for years because he declared or carried losses in his personal businesses.
Among the expenses that allowed Trump to avoid paying the US Treasury were deductions of US $ 26 million in business expenses with unidentified consultants.
In 2017, the statement indicated the deduction for consulting costs in the amount of US $ 747,622, which precisely matched income in other documents reported by Ivanka Trump through a company in which it is co-owner.
These expenses of the Trump Organization responded to projects in Hawaii and Vancouver (Canada) in which Ivanka Trump already works as a member of the family business.
The company object of the investigations is the consulting firm TTT Consulting, in which Ivanka Trump was a partner, allegedly along with other members of the Trump family, as the name seems to suggest.
Trump’s sons have called the court investigations into the family’s businesses as political revenge, while the Trump Organization assures that have not incurred any kind of bad practice in contracting consulting services.