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The plan was for Donald Trump to deliver a sworn deposition today in a New York civil case. As NBC News reported, however, things didn’t exactly go according to plan.

There’s a lot to this, so let’s briefly revisit our earlier coverage to review how we arrived at this point.

It was in March 2019 when New York’s attorney general’s office first opened a civil investigation into the Trump Organization. Over the course of three years, the examination into Trump’s business operation unfolded gradually, leading to subpoenas being issued earlier this year for the former president and two of his adult children who worked at the company.In defense of the subpoenas, the Democratic state attorney general declared in January, “Thus far in our investigation, we have uncovered significant evidence that suggests Donald J. Trump and the Trump Organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for economic benefit.” As we’ve discussed, the ongoing probe is examining whether Trump’s business committed fraud in reporting the value of certain properties to banks and tax authorities. And while a controversy surrounding how the Republican’s operation valued its assets may sound like a boring topic, it’s proving to be a surprisingly potent problem. “In light of the pervasive and repeated nature of the misstatements and omissions, it appears that the valuations in the Statements were generally inflated as part of a pattern to suggest that Mr. Trump’s net worth was higher than it otherwise would have appeared,” James added. 

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The plan was for Donald Trump to deliver a sworn deposition today in a New York civil case. As NBC News reported, however, things didn’t exactly go according to plan.

There’s a lot to this, so let’s briefly revisit our earlier coverage to review how we arrived at this point.

It was in March 2019 when New York’s attorney general’s office first opened a civil investigation into the Trump Organization. Over the course of three years, the examination into Trump’s business operation unfolded gradually, leading to subpoenas being issued earlier this year for the former president and two of his adult children who worked at the company.In defense of the subpoenas, the Democratic state attorney general declared in January, “Thus far in our investigation, we have uncovered significant evidence that suggests Donald J. Trump and the Trump Organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for economic benefit.” As we’ve discussed, the ongoing probe is examining whether Trump’s business committed fraud in reporting the value of certain properties to banks and tax authorities. And while a controversy surrounding how the Republican’s operation valued its assets may sound like a boring topic, it’s proving to be a surprisingly potent problem. “In light of the pervasive and repeated nature of the misstatements and omissions, it appears that the valuations in the Statements were generally inflated as part of a pattern to suggest that Mr. Trump’s net worth was higher than it otherwise would have appeared,” James added. 

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