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NEW: Two separate New York fraud investigations into President Trump and his businesses, one criminal and one civil, have expanded to include tax write-offs on millions of dollars in consulting fees, some of which appear to have gone to Ivanka Trump. https://www.nytimes.com/2020/11/19/nyregion/trump-fraud-investigations-taxes.html?smid=tw-share
The investigation has been stalled since last fall, after the president filed a lawsuit to block a subpoena for his tax returns and other financial records. The legal fight is before the United States Supreme Court for a second time, with a ruling expected soon.
Prosecutors have suggested in court filings that their investigation has expanded far beyond the hush money and is focused on a number of potential financial crimes, including insurance and bank-related fraud, tax evasion and grand larceny.
The other probe, a civil investigation that could result in criminal referrals or request for criminal prosecutions, is focused in part on forgiven debt on Trump Tower Chicago for $100 million that was never declared as income. The financing has long been subject to speculation.
