New York Daily News

SUPREMES OK RE­LEASE OF DON TAXES

Af­ter long wait, Cy will get to see Trump’s tax re­turns for fraud probe as Supremes nix ex-prez ap­peal

- BY CHRIS SOMMERFELD­T AND MOLLY CRANE-NEWMAN Crime · U.S. News · US Politics · White-collar Crime · Fraud · Politics · Manhattan · Donald Trump · U.S. Supreme Court · White House · Twitter · Joe Biden · Democratic Party (United States) · New York City · York City F.C. · New York County, NY · Andrew Cuomo · Don Pease · John A. Macdonald · The Trump Organization · United States Senate · United States of America · Georgia · New York · Letitia James · Michael Cohen · Gambino crime family · Stormy Daniels

Man­hat­tan Dis­trict At­tor­ney Cy Vance Jr. will fi­nally get his hands on for­mer Pres­i­dent Don­ald Trump’s tax re­turns, the Supreme Court ruled Mon­day.

The long-de­layed rul­ing ends Trump’s fight to block a Vance sub­poena seek­ing eight years of his per­sonal and cor­po­rate fi­nan­cial records from be­fore and dur­ing his time in the White House for an on­go­ing crim­i­nal in­ves­ti­ga­tion into the ex-pres­i­dent.

In a blis­ter­ing state­ment, an irate Trump blasted the rul­ing and de­scribed Vance’s in­quiry as “the con­tin­u­a­tion of the great­est po­lit­i­cal Witch Hunt in the his­tory of our Coun­try ... It just never ends!”

The Supreme Court’s nine jus­tices — three of whom were ap­pointed by Trump — did not say why they de­nied his ap­peal, nor did any of them pub­licly dis­sent, court fil­ings show.

Man­hat­tan pros­e­cu­tors were pre­vented for more than a year from ob­tain­ing records from Trump’s long­time ac­count­ing firm, Mazars, pend­ing the ex-pres­i­dent’s ap­peal to the top court.

Vance, who rarely ad­dresses the probe in pub­lic, is­sued a terse state­ment on Twit­ter soon af­ter the rul­ing came down.

“The work con­tin­ues,” he tweeted.

Banned from Twit­ter, the oneterm pres­i­dent hours later re­sponded with an un­hinged state­ment in which he re­peated the thor­oughly de­bunked claim that Pres­i­dent Bi­den stole the elec­tion from him and said the DA’s probe was a po­lit­i­cally mo­ti­vated “fish­ing ex­pe­di­tion” or­ches­trated by his left-lean­ing ri­vals.

“This is some­thing which has never hap­pened to a Pres­i­dent be­fore, it is all Demo­crat-in­spired in a to­tally Demo­crat lo­ca­tion, New York City and State, com­pletely con­trolled and dom­i­nated by a heav­ily re­ported en­emy of mine, Gover­nor An­drew Cuomo,” Trump said.

“In the mean­time, mur­ders and vi­o­lent crime are up in New York City by record num­bers, and noth­ing is done about it. Our elected of­fi­cials don’t care. All they fo­cus on is the per­se­cu­tion of Pres­i­dent Don­ald J. Trump.”

A Man­hat­tan DA spokesman would not com­ment on the in­ten­si­fy­ing in­ves­ti­ga­tion, but pros­e­cu­tors have made clear in court fil­ings they in­tended to en­force the sub­poena on the ac­count­ing firm im­me­di­ately.

Por­tions of the fi­nan­cial records Vance is seek­ing were ob­tained last year by The New York Times, which re­ported that the re­turns show Trump paid a to­tal of just $1,500 in fed­eral in­come tax be­tween 2006 and 2017.

Trump re­port­edly se­cured the ex­cep­tion­ally low tax rate by claim­ing enor­mous busi­ness losses, some of which could bor­der on fraud, ac­cord­ing to fi­nan­cial

ex­perts. The Times re­port did not in­clude in­for­ma­tion from Trump’s 2018 and 2019 tax re­turns, which Vance’s sub­poena cov­ers.

Mark Pomer­antz, Vance’s newly minted spe­cial pros­e­cu­tor, re­cently con­ducted the Man­hat­tan DA of­fice’s fifth in­ter­view of for­mer Trump lawyer Michael Cohen in its in­ves­ti­ga­tion of Trump and his name­sake busi­ness, the Daily News first re­ported last week.

A vet­eran white-col­lar at­tor­ney who pros­e­cuted for­mer Gam­bino crime family boss John A. “Ju­nior” Gotti and other mob­sters in the 1990s, Pomer­antz was tapped by Vance as a spe­cial as­sis­tant dis­trict at­tor­ney on Feb. 3, con­firmed Danny Frost, a spokesman for the DA.

Frost de­clined to com­ment on specifics about Pomer­antz’s role, but a source close to the of­fice said he was hired specif­i­cally for the Trump in­quiry.

The DA’s probe was ini­tially be­lieved to cen­ter around whether Trump broke state laws by or­der­ing Cohen to is­sue illegal hush pay­ments to women he al­legedly had af­fairs with ahead of the 2016 pres­i­den­tial elec­tion, in­clud­ing porn star Stormy Daniels.

But pros­e­cu­tors ex­panded their scope to in­clude “ex­ten­sive and pro­tracted crim­i­nal con­duct at the Trump Or­ga­ni­za­tion,” in­clud­ing po­ten­tial tax, in­sur­ance and bank fraud re­lat­ing to Trump’s habit of in­flat­ing and de­flat­ing his as­sets to suit his fi­nan­cial needs, court doc­u­ments filed last year show.

Cohen, who served as Trump’s per­sonal fixer for nearly a decade and has co­op­er­ated ex­ten­sively in the Vance in­ves­ti­ga­tion, said Mon­day’s Supreme Court rul­ing af­firms Trump isn’t “above the law.”

“Trump will, for the first time, have to take re­spon­si­bil­ity for his own dirty deeds,” Cohen said.

Though he was ac­quit­ted this month by the Se­nate of in­cit­ing the deadly Jan. 6 at­tack on the U.S. Capi­tol, Trump faces myr­iad le­gal haz­ards now that he’s a pri­vate cit­i­zen.

In ad­di­tion to Vance’s in­ves­ti­ga­tion, a dis­trict at­tor­ney in Ge­or­gia has launched a crim­i­nal in­quiry into whether Trump broke the law by pres­sur­ing of­fi­cials there to “find” him enough votes to over­turn Bi­den’s elec­tion vic­tory in the state.

New York At­tor­ney Gen­eral Leti­tia James is also con­duct­ing a civil in­ves­ti­ga­tion into Trump’s al­leged as­set in­fla­tion and de­fla­tion. Parts of James’ probe ap­pear to over­lap with Vance’s.

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 ??  ?? Man­hat­tan Dis­trict At­tor­ney Cy Vance Jr. (left) will be able to de­mand eight years of tax re­turns from for­mer Pres­i­dent Don­ald Trump af­ter Supreme Court (above) de­nied Mon­day an ap­peal to block their re­lease.
Man­hat­tan Dis­trict At­tor­ney Cy Vance Jr. (left) will be able to de­mand eight years of tax re­turns from for­mer Pres­i­dent Don­ald Trump af­ter Supreme Court (above) de­nied Mon­day an ap­peal to block their re­lease.
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