18 January 2021

Pass the Popcorn

Given that Trump has less than 48 hours left in office, I find that NY prosecutors are talking with Michael Cohen about possible tax evasion and fraud, and Atlanta prosecutors appear to be moving toward an investigation toward a Trump prosecution on election meddling, to be amusing and satisfying.

I really hope that Trump goes to jail and is reduced to penury:

New York prosecutors conducted an hours-long interview on Thursday with Michael Cohen, Donald Trump’s former attorney, asking a range of questions about the president’s business dealings, according to three people familiar with the meeting.

The interview focused in part on Trump’s relationship with Deutsche Bank, his biggest and longest-standing creditor, according to the people, who spoke on condition of anonymity.

The interview, at least the second with Cohen by the Manhattan district attorney, comes amid a long-running grand jury investigation into Trump’s business dealings.

………

The Republican president also faces a civil investigation, led by the New York attorney general, Letitia James, a Democrat, into whether his company lied about the value of its assets to get loans or tax benefits.

Cohen is cooperating with that inquiry too. He previously told Congress Trump often inflated the value of his assets when dealing with lenders or potential partners, but deflated them when it benefited him for tax purposes.

………

Cohen, serving the remainder of a federal prison sentence on home confinement, has been asked by investigators to examine Trump Organization documents and provide other details about its corporate structure, the people familiar with the matter said.

Cohen pleaded guilty to evading taxes, lying to Congress and facilitating campaign finance crimes.

Deutsche Bank continued to do business with Trump even after he defaulted in 2008 on a loan for his Chicago hotel and condo development and sued the bank and others he blamed for his inability to repay.

But Deutsche Bank’s private banking division continued to lend to Trump, including $125m to finance the purchase and renovation of his Doral golf resort in 2012, according to previous disclosures.

And as to Atlanta prosecutors: 

Prosecutors in Georgia appear increasingly likely to open a criminal investigation of President Trump over his attempts to overturn the results of the state’s 2020 election, an inquiry into offenses that would be beyond his federal pardon power.

The new Fulton County district attorney, Fani Willis, is already weighing whether to proceed, and among the options she is considering is the hiring of a special assistant from outside to oversee the investigation, according to people familiar with her office’s deliberations.

At the same time, David Worley, the lone Democrat on Georgia’s five-member election board, said this week that he would ask the board to make a referral to the Fulton County district attorney by next month. Among the matters he will ask prosecutors to investigate is a phone call Mr. Trump made in which he pressured Georgia’s secretary of state to overturn the state’s election results.

Jeff DiSantis, a district attorney spokesman, said the office had not taken any action to hire outside counsel and declined to comment further on the case.

Some veteran Georgia prosecutors said they believed Mr. Trump had clearly violated state law.
I am really hoping that we see some prosecutions and convictions, but I fear that this will be yet another case of getting off using the "affluenza" defense.

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