David Cay Johnston, a Pulitzer Prize-winning investigative journalist and topnotch tax expert, appeared Thursday on CNN, where he explained when he believed President Donald Trump would be indicted. Those indictments will be on a myriad of crimes including bank fraud, wire fraud, tax evasion and other crimes in New York State.
President Donald J. Trump was quick to denounce the civil suit against the leadership of the National Rifle Association (NRA) and the organization itself by the Attorney General of New York State Letitia James. The 169-page lawsuit should have the sitting President spoiling in his trousers because it’s much more than a civil suit that demands that NRA be shut down.
The lawsuit is designed to force the NRA to show its cards. The question to be answered, will the organization defend the criminality of its top four senior leaders accused of using the powerful gun lobby group as their “personal piggy bank” and illegally diverting millions of dollars from its charitable work?
If the NRA decides to defend the four named senior NRA leaders, the non-profit organization will be exposed as a criminal enterprise as opposed to a non for profit that was looted by the four men who are being accused of looting its coffers, and violating the laws of New York State?
The civil suit is also designed to expose the facts and strip both the named civil defendants and then, after removing them of all their monies, the indicted them and, if need be, the National Rifle Association criminally.
Why should this intimidate President Trump? His three oldest children and Jared Kushner, all of who have potential criminal exposure in New York State for possible crimes they are alleged to have committed, according to the New York Times…
“New York State prosecutors last year subpoenaed thousands of pages of tax, banking, insurance and other financial documents Deutsche Bank has on President Trump and his businesses. These documents were reportedly handed over and also amounted to detailed records about Deutsche Bank dealings with Trump. The subpoena indicates that the investigation of Trump’s family business is more expansive than previously thought.”
The current fight over Trump’s income tax and business records that he lost control of in the recent Supreme Court decision is going to be used with the Deutsche Bank records along with the testimony of Trump’s longtime chief financial officer for the Trump organization Allen Weisselberg. Weisselberg was granted immunity by federal prosecutors for providing information about Michael Cohen and the 2016 payments he made to two women during the 2016 presidential campaign who alleged they had sexual encounters with the President, the Wall Street Journal reports. In short, Trump’s personal accountant, the one with all the secrets, has already rolled on the 45th President.
David Cay Johnston appearing on CNN Said during his interview…
“What they don’t have are the business records of the Trump Organization, the accounting records that they’ve been fighting for from Mazars USA — Trump’s accounting firm — including drafts of tax returns and instructions by Trump, and the banking records. Once they have all of those records and can present them to a grand jury, I would anticipate you’ll see Donald Trump indicted.”
The Manhattan District Attorney Cyrus Vance Jr. and New York State’s Attorney General Letitia James are working like hand and glove and likely have enough to indict Donald J. Trump and his three oldest children. The tax returns they will get their hands on in the 30-60 days may end up creating a constitutional crisis before the 2020 general election when they indict President Trump, and possibly his three oldest children for a myriad of state crimes.
The Justice Department memo was drawn up in the 1970s that opens that the Federal Government cannot indict a sitting President is not a law and may not apply to a criminal indictment(s) brought by one or more states. There’s absolutely no protection against the indictment of Trump’s three oldest children. Even a Presidential pardon is useless when it comes to a state crime.
The civil suit against the National Rifle Association may not seem like a huge threat to President Trump on its face but consider these two points. The lawsuit shows that the Attorney General of New York State Letitia James is hell on wheels and not going to back down. Secondly, there are serious questions over where tens of millions of dollars in campaign donations made in 2016 to the Trump Campaign that is believed to be money that was laundered from illegal Russian campaign contributions.
Trump, his three oldest and others in their inner circle along with the four key insiders facing civil charges, could all find themselves in handcuffs and leg bracelets in yellow prison jumpsuits, rotting in New York’s Rikers Island waiting for trial, even before the 2020 election.
CNN host Brianna Keilar hearing all this from David Cay Johnston, asked the bottom lines question. “Where would it go from there?”
Johnston did not pull any punches….
“Once the grand jury hands up an indictment, there will be a specification of charges. So we won’t actually see, for example, the banking records. But the indictment will contain specific information; it’s alleged that the defendant(s) did the following actions on the following date or time period. So we’ll see some outline of what’s involved. The next thing we are most likely to see is something leaked from the defense.”
David Cay Johnston - CNN