The News-Times

Editor says he testified before Trump grand jury

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The editor of Forbes magazine testified Thursday before the grand jury hearing evidence in a criminal investigat­ion of former President Donald Trump and his business practices, answering questions about an article examining whether the former president inflated his wealth.

Forbes editor Randall Lane wrote in a post on the business magazine’s website that he was questioned about articles he wrote in 2015 about Trump’s fixation with his ranking on the magazine’s annual list of wealthiest people.

Lane said deputy wealth editor Chase Peterson-Withorn also testified, briefly answering questions about a 2017 article he wrote about the size and value of Trump’s apartment at Trump Tower.

Lane’s disclosure is the clearest indication yet that Manhattan prosecutor­s investigat­ing Trump are zeroing in on whether he committed fraud by exaggerati­ng his wealth, not only to Forbes but to banks to secure more favorable loan terms.

The investigat­ion has already led to tax fraud charges in June against Trump’s company, the Trump Organizati­on, and its longtime finance chief, Allen Weisselber­g. They are accused of evading taxes on lucrative fringe benefits paid to executives.

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