Prosecutors investigating Donald Trump’s business dealings have received a trove of information about the US president’s finances from Deutsche Bank, it has been revealed.
The criminal investigation into the property mogul’s finances was previously thought to have been focused around hush-money payments to two women made in 2016.
But revelations about Deutsche Bank’s involvement suggest the case is “more wide-ranging than previously known”, The New York Times reports. Court filings published on Monday refer to “possible criminal activity at plaintiff’s New York county-based Trump Organization dating back over a decade”.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The US president has faced several allegations of tax-dodging since he took office and has fought tooth and nail to keep his financial records out of the public eye. The resulting court battles have been a fixture of his White House tenure.
“Deutsche’s cooperation contrasts with numerous other attempts to access Trump’s financial records... that have been blocked by successful legal challenges,” The Guardian reports.
The German bank, which has lent Trump companies more than $2bn (£1.5m) over the last 20 years, complied with a subpoena issued last year by the Manhattan district attorney’s office, handing over wads of financial information in the process.
Mazars, the global accountancy firm, was also subpoenaed last year as part of the attorney office’s six-year pursuit of the president’s tax returns.
Last week Trump’s legal team submitted an "amended lawsuit”, Fox Business reports, arguing that the “request for his tax returns and other materials was ‘overbroad’ and issued ‘in bad faith’.”
On Monday, he labelled the entire investigation “a continuation of a witch hunt”.
-
The tiny Caribbean island sitting on a digital 'goldmine'Under The Radar Anguilla's country-code domain name is raking in millions from a surprise windfall
-
September 7 editorial cartoonsCartoons Sunday’s political cartoons include stressing about Powerball, and a busy FBI schedule
-
Nvidia: unstoppable force, or powering down?Talking Point Sales of firm's AI-powering chips have surged above market expectations –but China is the elephant in the room
-
Why are Trump's health rumors about more than just presidential fitness?TODAY'S BIG QUESTION Extended absences and unexplained bruises have raised concerns about both his well-being and his administration's transparency
-
'The McDonald's menu board is one fascinating thing'Instant Opinion Opinion, comment and editorials of the day
-
DC sues Trump to end Guard 'occupation'Speed Read D.C. Attorney General Brian Schwalb argues that the unsolicited military presence violates the law
-
Epstein accusers urge full file release, hint at own listspeed read A rally was organized by Reps. Ro Khanna and Thomas Massie, who are hoping to force a vote on their Epstein Files Transparency Act
-
Court hands Harvard a win in Trump funding battleSpeed Read The Trump administration was ordered to restore Harvard's $2 billion in research grants
-
Why reports of Donald Trump's demise are greatly exaggeratedIn The Spotlight US president has once again brushed aside rumours that he's dead
-
US kills 11 on 'drug-carrying boat' off VenezuelaSpeed Read Trump claimed those killed in the strike were 'positively identified Tren de Aragua Narcoterrorists' shipping drugs to the US
-
Trump vows to send federal forces to Chicago, BaltimoreSpeed Read The announcement followed a California judge ruling that Trump's LA troop deployment was illegal
