Trump Rails Against Cuomo and New York State as ‘PRESIDENTIAL HARASSERS’

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The New York State attorney general's office issued subpoenas late Monday night to Deutsche Bank and Investors Bank for financial records about major Trump Organization projects, the New York Times reported. Cohen told the House Oversight Committee that the Trump Organization had sometimes inflated the value of its assets on financial statements to get loans, or better rates on insurance.

The inquiry by the office of Attorney General Letitia James is a civil investigation, not a criminal one, although its focus and scope were unclear, the paper said, citing a person briefed on the subpoenas.

Cohen testified that Trump inflated his assets and presented copies of financial statements he said were provided to Deutsche Bank.

Trump's former lawyer, Michael Cohen, told Congress that Trump exaggerated his wealth on documents provided to Deutsche Bank when he was trying to buy the Bills. Before she took office, James vowed to investigate Trump and his business deals.

A person familiar with the matter says Monday's subpoenas seek loan applications, mortgages and other records. A USA branch of the German bank loaned Trump more than $100 million for the Doral golf resort in Florida in 2012, and $170 million for the Trump International Hotel in Washington, D.C.in 2015.

The New York attorney general issued subpoenas for Deutsche Bank records relating to funding for several Trump Organization projects, according to The New York Times.

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Deutsche Bank said in a statement that it remains "committed to cooperating with authorized investigations".

Ms James, a Democrat newly elected to office, pledged to look into his business practices, saying after her victory in November that she would be "shining a bright light into every dark corner of his real estate dealings and every dealing".

But the reason for the new subpoenas, the Times noted, was Michael Cohen's recent testimony before Congress.

The decision followed a lawsuit in which investigators alleged that he used the institution to advance his 2016 presidential campaign and businesses.

Mr. Trump was also previously caught in litigation with the bank over outstanding balances on construction loans.

"Will never be treated fairly by these people - a total double standard of 'justice, '" he added on Twitter.

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