NY's attorney general is one of the most powerful in the nation. That should worry Trump.

[babylonsister]

NY's attorney general is one of the most powerful in the nation. That should worry Trump.
The state's chief legal officer, who is investigating the president and his company, has the ability to render a "judgment of corporate death" for business fraud.
April 1, 2019, 4:07 AM EDT
By Allan Smith


Shortly after her election in November, New York Attorney General Letitia James vowed to "use every area of the law" to probe President Donald Trump, his family and associates, and his business.

As the chief legal officer in a state with that provides her with sweeping investigatory and prosecutorial powers, she can keep that promise.

With special counsel Robert Mueller's probe now complete, others' investigations, including the New York attorney general's, are continuing.

James recently subpoenaed Trump's banks, seeking information about the Trump Organization and the president's finances. Though Trump has dismissed these efforts as "presidential harassment" and tweeted that James, a Democrat, "openly campaigned on a GET TRUMP agenda," several former New York attorneys general and legal experts say the president could have plenty to fear.

"There's broad power — there's no question," Oliver Koppell, a Democrat who served as New York attorney general in 1994, told NBC News of the substantial authority and tools the office has to investigate and prosecute businesses for fraud.

New York law allows the attorney general to seek restitution and damages — and, in extreme cases, dissolution — if a business is found to have engaged in persistent fraud. There's also the Martin Act, a 1921 statute designed to protect investors.

Past attorneys general have used the Martin Act, considered to be the U.S.'s toughest such state statute in this realm, to expand their powers in the financial crimes sector. The law empowers the attorney general to subpoena witnesses and documents for information pertaining to possible fraud.

more...

https://www.nbcnews.com/politics/donald-trump/ny-s-attorney-general-one-most-powerful-nation-should-worry-n985086?fbclid=IwAR1iWMxNBqsDVlCYeHf6QQ4sYH3bHYIazhGp9UTmpgedVDbWnKFc97sK_rc

[onetexan]

1. Would not that be sweeet karma if the NYAG's office dissolves the Idiot's corrupt empire

Make that WHEN, not if. Poetic justice.

[NewJeffCT]

3. Trump has been doing business in NY

his entire adult life. I hope he is not underestimated in this - he's managed to skate by at the edge of the law and beyond for way too long, but he's managed to do it.

[onetexan]

4. the fact the trumps have been able to skate by for so long unscathed and allowed to get away with so

much corruption and abuses is indicative of serious systemic problems in the state's financial and judicial systems.
His lawyers were able to find loopholes in the law to get him protected from most things. Not only that, he weaponized the law against his business associates and other people. The trumps are a criminal organization. They've finally met their match. This new NYAG is awesome. No doubt she will examine all avenues allowable under the law to go thru the cesspool (all of their businesses) and find plenty. I can't wait till that investigation is completed and the findings announced. There's no Barr here to protect the bastards. The whole family will need to go to prison.

[NewJeffCT]

5. People thought

Eliot Spitzer and Eric Schneidermann were awesome as well. Look how they turned out.

[onetexan]

6. WRONG - apples and oranges

For one, Ms. Letitia James is not Spitzer & Scheidermann. Read up on her before you compare her to testosterone driven men drunk with power.

[NewJeffCT]

7. I know a lot about her

as well as Spitzer and Schneiderman.

If you read DU back in the early 2000s, Spitzer was a golden boy, Harvard Law graduate, 2 term NY AG and then NY Governor (winning with the biggest margin ever in NY state) and future presidential material.

Schneiderman was the amazing AG that was going to take down Trump.

[onetexan]

8. the demise of those 2 men are their own doing. Let's not lump Letitia in with that lot and let her

prove herself. They didn't get the job done. So what? There's a new sheriff in town. Let's let her walk the walk. Best thing we can do is support her efforts.

[NewJeffCT]

10. I am hoping for the best

but, I don't have high expectations. I would not have them no matter who was the AG

[COLGATE4]

2. Ruh Roh

[Vinca]

9. And I think she's part pitbull, too. The lady is Trump's worst nightmare.