Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's tax documents are with New York prosecutors. But the clock is ticking.
Financial investigations are time consuming, and a U.S. president under criminal investigation has a number of tools at his disposal that can burn up even more time.
Feb. 27, 2021, 4:36 AM EST
By Carol C. Lam, former U.S. attorney for the Southern District of California
Last Monday, the Supreme Court, in an unsigned order consisting of a single sentence, denied former President Donald Trumps request that the nations highest court stop the enforcement of a subpoena issued by a New York state grand jury. That subpoena was directed to Mazars USA LLP, the accounting firm that prepared Trumps personal tax returns and those of various Trump organizations. And sure enough, by Thursday, Trumps tax returns and underlying tax documents were delivered into the hands of Manhattan District Attorney Cyrus Vance.
Trump technically lost the court battle not to have to produce his tax materials, but he may have won the longer-term war to slow the progress of the criminal investigations, perhaps to a point where prosecutors can no longer bring certain cases that have passed their statutes of limitations. Recently, the New York Legislature passed a new law that pauses the statute of limitations for the period of time when a president is in office; Congress has started a similar effort, but it needs to move faster.
The Supreme Courts decision last week in the Mazars USA case was hardly a surprise, given that Trump had already lost this fight once before. Last July, the Supreme Court ruled against Trumps argument that a sitting president should not be forced to respond to a state criminal subpoena. But the court mentioned that there might be other, less novel objections that could be raised about the subpoena. Trumps attorneys quickly took the hint, and again asked the Supreme Court to stay enforcement of the subpoena, this time claiming that the subpoena was overbroad and issued in bad faith. But the courts denial of that application this week finally ended the litigation, and Mazars USA has at long last produced the subpoenaed documents to the New York state prosecutors.
All white-collar crime prosecutors know that a financial crimes investigation starts with the documents. Our financial system is based on recorded transactions bank records, tax records, accounting records and those records become the evidence of the crime. Without financial records, other types of evidence such as witness testimony or surveillance are simply inadequate to prove a case beyond a reasonable doubt.
more
https://www.nbcnews.com/think/opinion/trump-s-tax-documents-are-new-york-prosecutors-clock-ticking-ncna1258998
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
1 replies, 726 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (3)
ReplyReply to this post
1 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Trump's tax documents are with New York prosecutors. But the clock is ticking. (Original Post)
DonViejo
Feb 2021
OP
I did see an interview on TRMS about this. A former prosecutor addressed this- said they have
Thekaspervote
Feb 2021
#1
Thekaspervote
(32,689 posts)1. I did see an interview on TRMS about this. A former prosecutor addressed this- said they have
An army of workers and tools to move discovery along quickly