Trump Organization under investigation in New York

New York State Attorney General Letitia James - AP Photo/Richard Drew

Recently filed court documents indicate the Trump Organization and President Trump’s assets, including Seven Springs LLC, are under investigation by the New York Attorney General, following claims that Trump inflated the value of his assets.

The documents were filed on Monday, the first day of the Republican National Convention. Attorney General Letitia James requested that a New York court order the Trump Organization and others to comply with subpoenas.

In particular, Eric Trump, the current head of the Trump Organization, has been asked to provide testimony.

New York state’s top prosecutor originally began the investigation in March 2019, after Michael Cohen, former personal lawyer to Trump and senior executive within the Trump Organization, shared Trump’s financial statements with Congress.

Cohen claimed that President Trump inflated his assets to secure favorable tax benefits and loans. Since Cohen’s testimony, the attorney general’s office has issued “a number of subpoenas and has taken testimony seeking information material to these matters.”