The Manhattan District Attorney’s Office has added a prominent federal prosecutor with a history of work on white-collar crimes to his investigation into the cases of former President Trump
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The New York Times reported that the office of District Attorney Cyrus Vance added former prosecutor Mark Pomerantz to his team investigating possible tax and banking-related fraud by the Trump Organization.
The Hill reached the district attorney’s office for comment.
According to Pomerantz’s bio on the website of the Paul, Weiss case law, from which the lawyer is currently on leave, Pomerantz “advised CEOs in proceedings brought by the Department of Justice and the SEC. ”
The lawyer also “conducted litigation and internal investigations that included all aspects of alleged corporate misconduct, including securities and bank fraud, mail and wire fraud, RICO and FCPA violations, tax violations and bribery.”
The addition of Pomerantz is the latest development in Vance’s ongoing investigation into Trump and his affiliates, an investigation that Trump and his allies claim is a politically motivated ‘witch hunt’ by Vance, a Democrat.
The Wall Street Journal reported last week that the district attorney’s office expanded its investigation to include Trump’s properties in Manhattan, including his signature Trump Tower and Trump International Hotel and Tower, as well as Trump Plaza.
The Journal reported at the time that Vance’s office was specifically investigating loans taken out by Trump for the buildings made by subsidiaries of fixed investment trust Ladder Capital.
Ladder Capital has lent Trump more than $ 280 million for the Manhattan buildings since 2012, the newspaper reported, citing property records.
Reports came to the fore last month that Vance’s investigation extended to the former president’s Seven Springs estate in Westchester County.
Vance and Trump are still embroiled in a protracted legal battle over Trump’s tax returns and other financial information.
The Supreme Court ordered Trump to hand over the tax records in July, but the former president has since appealed. The Supreme Court has not yet decided whether to hear the case.