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House Democrats are scrutinizing why the Internal Revenue Service failed to fully audit Donald Trump's tax returns when he was in the White House, despite an agency policy mandating such a review. Some insight into the lapse came in a report Tuesday from the Joint Committee on Taxation (JCT), a bipartisan congressional panel that examined Trump's tax returns from 2015-20. The JCT report was issued Tuesday, after the House Ways and Means Committee voted to make Trump's 2015-20 tax returns public. Trump was the first president not to make his tax returns public since the 1970s. Neal is pressing for legislation that would require the IRS to publish and audit presidential tax returns.

☆ The Trump Organization got an unwanted sidekick courtesy of a Manhattan judge: a court-ordered watchdog
▼ + stars: | 2022-11-03 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

Donald Trump and the Trump Organization suffered a big legal setback in Manhattan on Thursday. In arguments before the judge hours before the ruling, Trump attorney Christopher Kise called the idea of monitoring "drastic" and likened it to "nationalizing" the company. In Thursday's 11-page ruling, Engoron credited the attorney general's lawsuit with having made a "compelling" case for fraud. In one, Engoron cited Trump's triplex penthouse at Trump Tower on Manhattan's Fifth Avenue. Trump claimed on 2011 financial documents that the triplex was worth $80 million, the judge noted, referring to the attorney general's evidence.

☆ After Buffalo mass shooting, New York urges a nationwide crackdown on livestreamed carnage
▼ + stars: | 2022-10-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

New York leaders are urging federal and state reforms after the Buffalo mass shooting. They also recommend making it easier to sue streaming platforms like Twitch and Discord. There is currently no law on the books in New York or elsewhere criminalizing the act of livestreaming oneself committing a homicide. In the case of the Buffalo mass shooting, the alleged gunman had been radicalized by racist posts that ran rampant and uncensored on sites including 4chan, Reddit and 8chan, the report said. Twitch, the Amazon-owned video-streaming service stopped the Buffalo live-stream approximately two minutes after the first person was shot, the report said.

☆ Donald Trump says a simple disclaimer gives him immunity from fraud. Could he have a point?
▼ + stars: | 2022-10-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

The statements were unsealed last week as part of NY AG Letitia James' fraud lawsuit against Trump. Trump told Sean Hannity the disclaimers absolve him of responsibility and the AG has "no case." "We have a disclaimer," Trump told the Fox News host. But Trump told Hannity none of that would matter because each Statement of Financial Condition begins with a warning. The opening paragraphs of the disclaimer for Donald Trump's 2012 Statement of Financial Condition (highlights added).

☆ In a blow to the NRA, judge allows New York's attorney general to seek a court-imposed monitor and demand Wayne LaPierre forfeit millions
▼ + stars: | 2022-09-30 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

A court ruling Thursday lets New York's attorney general continue to seek stiff penalties from the NRA. AG Letitia James is suing CEO Wayne LaPierre for millions in back salary; she also wants the NRA subjected to financial monitoring. "It's really just interference with his ability to do his job the way his members want him to do it, in the way his board wants him to do it," LaPierre attorney P. Kent Correll said. "You have the attorney general of a state trying to interfere with the operation of a not-for-profit organization — that happened in the '50s," Correll told the judge. The NRA is attempting to read the law "so narrowly" that no attorney general would ever be able to monitor "how funds are used by an organization such as this," the judge said.

☆ Mick Mulvaney, now a never-Trumper, still thinks NY AG Letitia James' civil fraud lawsuit is all wrong
▼ + stars: | 2022-09-23 | by ( Warren Rojas | Laura Italiano | ) www.businessinsider.com time to read: +2 min

Mick Mulvaney, Donald Trump's former budget director, blasted NY AG Letitia James' Trump case. Now a never-Trumper, Mulvaney asks of James' lawsuit, 'Who's the victim here?' In August, Mulvaney called Trump the only Republican who could lose to a Democrat in the 2024 election. "They didn't lose money," Trump said. James' lawsuit alleges that Trump enriched himself by an undeserved $250 million by lying over the past decade to Deutche Bank and other lenders on financial documents.

☆ Here's how AOC unwittingly sparked NY Attorney General Letitia James' lawsuit into Donald Trump and the Trump Organization
▼ + stars: | 2022-09-23 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

New York AG Letitia James announced a $250 million lawsuit against Trump and his business this week. Rep. Alexandria Ocasio-Cortez grilled former Trump lawyer Michael Cohen about Trump's alleged fraud. The New York attorney general's office announced Wednesday that it had asked federal prosecutors to investigate Trump's business practice regarding possible federal crimes. The announcement is the culmination of James' three-year probe into Trump and his New York business empire. Cohen also said several Trump Organization executives, including Allen Weisselberg, Ron Lieberman, and Matthew Calamari, were aware of such practices.

☆ Why is Trump calling NY AG Letitia James 'Peekaboo?' Michael Cohen has a theory, and it isn't X-rated or racist
▼ + stars: | 2022-09-22 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Donald Trump coined a nickname for New York's AG after she sued him: Letitia 'Peekaboo' James. Trump had already called Letitia James "racist" for months prior to her suing him, in a not-so-veiled allusion to the AG being African American. "Racist A.G. Letitia "Peekaboo" James, the failed Gubernatorial candidate," Trump called the AG in a new Truth Social post. Trump fixer-turned-critic Michael Cohen doesn't like the odds on either of the leading peekaboo nickname-origin theories, one of which is X-rated and the other of which is deeply racist. Cohen didn't think much of the X-rated theory, floated around AG circles, which references some of the more graphic definitions of "peekaboo" from Urban Dictionary.

☆ New York AG Letitia James is asking the feds to investigate Trump after finding his business practices 'plausibly' violated federal law
▼ + stars: | 2022-09-21 | by ( Sonam Sheth | C. Ryan Barber | ) www.businessinsider.com time to read: +3 min

NY AG Letitia James said her office will ask federal prosecutors to probe Trump's business practices. James' office filed a sprawling civil lawsuit against the Trumps accusing them of fraud and seeking $250 million in penalties. The AG said she believes the conduct outlined "also violates federal criminal law," including bank fraud and false statements. AG Letitia James made the announcement earlier Wednesday after filing a sprawling civil lawsuit against Trump, his three eldest children, and the Trump Organization. James on Wednesday said her office believes the conduct outlined in the civil suit "also violates federal criminal law, including issuing false statements to financial institutions and bank fraud."

☆ How Mar-a-Lago figures into New York AG Letitia James' lawsuit against Donald Trump, his business, and his children
▼ + stars: | 2022-09-21 | by ( C. Ryan Barber | Sonam Sheth | ) www.businessinsider.com time to read: +6 min

New York AG Letitia James said Mar-a-Lago was part of an alleged yearslong fraud scheme by Trump. Trump claimed Mar-a-Lago was worth $739 million, nearly 10 times its actual worth of $75 million, James said. In this aerial view, former U.S. President Donald Trump's Mar-a-Lago estate is seen on September 14, 2022 in Palm Beach, Florida. James' lawsuit brought a new intensity to just one of the many areas of legal jeopardy for the former president. In an appeal, the Justice Department said the decision would cause "irreparable harm" to efforts by the intelligence community to protect national security.

☆ What's next now that Letitia James has sued Donald Trump? A slow-motion, 'eye-glazing' battle of lawyers, experts
▼ + stars: | 2022-09-21 | by ( Laura Italiano | ) www.businessinsider.com time to read: +9 min

NY AG Letitia James sued Donald Trump, his three eldest kids, and Trump Organization on Wednesday. "This is going to be an eye-glazing battle" of experts and lawyers, before the lawsuit even goes to trial, one ex-prosecutor, Armen Morian, said of what's to come. He prosecuted the New York AG's case against Hank Greenberg, the one-time CEO of insurance giant AIG. That's the Manhattan judge who repeatedly ruled against Trump in the two-year lead-in to the AG's lawsuit. "She will pay for bringing such an aggressive, gargantuan, and unwieldy case," Morian predicted, "assuring that this case will move at a snail's pace, to the defendants' advantage."

New York Attorney General Letitia James' office sued Trump, his children, and his business. "Trump falsely inflated his net worth by billions of dollars to further enrich himself and cheat the system," James' office said. James on Wednesday accused the Trump Organization of issuing financial statements that were in "clear violation" of accepted accounting principles. Many of the lawsuit's fraud allegations center on 10 years of Trump's statements of financial condition. Mazars walked away from the statements after James' office found that they repeatedly "misstated objective facts."

☆ New York AG Letitia James announces lawsuit of Donald Trump, his company and family members over fraud claims
▼ + stars: | 2022-09-21 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

New York Attorney General Letitia James, who has been conducting a civil investigation of former President Donald Trump's company, announced a major lawsuit of Trump, three of his adult children and his company over widespread fraud claims. James' announcement comes nearly a week after The New York Times reported that she had rejected an offer from Trump's lawyers to settle her probe of the Trump Organization, which is based in Manhattan. Trump has repeatedly denied any wrongdoing and accused James, who is a Democrat, of being motivated by politics to investigate the former Republican president. He invoked his Fifth Amendment right against self-incrimination more than 440 times in refusing to answer questions under oath. Donald Trump Jr., who runs the Trump Organization with his brother Eric, answered questions from the investigators under oath earlier in August, as did their sister Ivanka Trump.

☆ Trump calls the NY attorney general 'Letitia 'Peekaboo' James' and revives claims that she's 'racist' after she sued him for fraud
▼ + stars: | 2022-09-21 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +2 min

Donald Trump lashed out at NY AG Letitia James on Truth Social after she filed a lawsuit against him. The lawsuit alleges fraud and names Trump, his business and his three eldest children. Trump nicknamed her "Peekaboo" and accused her — again — of being "racist." "Another Witch Hunt by a racist Attorney General, Letitia James, who failed in her run for Governor, getting almost zero support from the public, and now is doing poorly against Law & Order A.G. candidate, highly respected Michael Henry," he wrote. Trump has repeatedly called James "racist" in his long-running battle with her.

☆ Still angry over sex harassment findings, Andrew Cuomo asks NY courts to investigate NY AG Letitia James
▼ + stars: | 2022-09-14 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

Former NY governor Andrew Cuomo has filed a 48-page ethics complaint against NY AG Letitia James. The Attorney Grievance Committee complaint accuses James of cooking up last year's sex harassment report. Cuomo seeks unspecified 'appropriate' discipline against James, who is standing behind her report. James' report had concluded that the then-governor harassed nearly a dozen women, including members of his own staff, state employees, and a state trooper. "Attorney General James, Joon Kim, and Anne Clark hold themselves to the highest ethical standards," James said in a statement responding to Cuomo's complaint.

☆ Andrew Cuomo sex-harass accuser files federal discrimination lawsuit against him, ex-aides
▼ + stars: | 2022-09-14 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Charlotte Bennett was 25 when she became the second aide to accuse Andrew Cuomo of sex harassment. On Wednesday, she filed a federal discrimination lawsuit against him and three of his former aides. The lawsuit alleges Cuomo humiliated her on the job and called her a liar when she fought back. Andrew Cuomo's most outspoken sexual-harassment accusers has sued him in federal court in Manhattan, alleging he humiliated her on the job and retaliated when she complained. The lawsuit alleges Cuomo made unwanted advances throughout her employment as his executive assistant, from May 2019 to June 2020.

☆ Letitia James vs. Donald J. Trump: What is New York's attorney general about to do to Trump and his company?
▼ + stars: | 2022-09-10 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

NY AG Letitia James is about to sue Donald Trump and his real estate and golf resort business. Whatever James has up her sleeve after three long years of investigating the Trump Organization, it is now about to be revealed. A: James will sue the Trump Organization and Trump himself, the company's sole owner and beneficiary. Morian predicted James' lawsuit will closely mirror the allegations in a 115-page memorandum she filed in January. A: The New York-incorporated Trump Organization is an umbrella for some 500 other entities, many of them Delaware-registered LLCs.

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